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Juniorminers

COPPER Commodity or Junior Miner trade LONGCopper prices rise when the economy is thought to be growing and needing more electrical infrastructure while they fall when bearish indicators might project a recession. I am at the aluminum and finished steel subsectors as well. FCX is under consideration but as a large cap it does not have the volatility of the junior miners. In the meanwhile COPJ, CPER and COPX look like they are worth considering given the trend up since mid-February. The chosen strength and trend indicators confirm the trend. This is a long trade and sector rotation play for those to consider that are tired of tech stocks and earnings plays.
NASDAQ:COPJLong
by AwesomeAvani
COPPER Commodity Trade LONGCopper prices rise when the economy is thought to be growing and needing more electrical infrastructure while they fall when bearish indicators might project a recession. With that in in on the 15-minute chart I missed a trade in the junior copper miner ETF this week. I have now placed COPJ on my watch list and will not miss it again when it falls to support and retraces. I am looking at the aluminum and finished steel subsectors as well. FCX is under a consideration but as a large cap it does not have the volatility of the junior miners.
COMEX_MINI:QC1!
by AwesomeAvani
1
EXK will run as long as silver moves higher LONGEXK is a junior miner. With fixed expenses in its mining operations for the most part, margins rise dramatically when silver is rising and the opposite is likewise applicable. This is the crux of using junior miners as a means to profit from trending in precious metals. As a penny stock EXK has hieghtened volatility as compared with Barrock Gold or the GLD ETF. there are other junior miners. EXK has added 40% to its market cap in two weeks. Until the momentum of spot silver fades, EXK will continue its momentum. I will add to my long position here and fortify the call option position as well.
NYSE:EXKLong
by AwesomeAvani
4
LITM a lithium penny stock gets momentum LONGLITM is a lithium mining company with operations is Western USA and Canada now getting a lift as lithium prices are rising. It popped 16% today and hit a screener on volume yesterday. This is a junior miner compared with LAC and SGML. As such it is more reactive to price. All indicators confirm the move including the extent of the trend, relative volume spiking and the RS lines. This is a low float low volume stock. Accumulation of a low float could precipitate more price action upward quite easily. As a volatile penny stock LITM is risky. Right now, I see a long trade in a small position ( < 0.001 of account balance) for the potential gain despite the obvious risk SL at 10% Targets at 10% 20% (red line pivots to the left-1.2o December to Feb) then 70% ( pivot low March 23) and finally 250% for the runners ( January and July 23 high pivots). Time will tell. I expect great profit in this swing trade with stratified partial profits and less time effort in the trend using alerts and notifications. A trailing loss will be employed at 10% once the trade is over 20% profit.
NASDAQ:LITMLong
by AwesomeAvani
USAU Gold Penny Stock with impeding EarningsUSAU has been in an ascending channel on the 30-minute chart with the rise in spot and future gold prices. With earnings coming in the next day, price broke out of the channel the top line of which is now supported albeit without a retest. The relative volume indicator shows in 3-4X volume surge in the past week while the RSI level is now up from 50 to 75-80. I see this as an earnings play with a stop loss just below the upper channel line at 3.75 and a target of 4.5 and 4.75 for a good reward-to-risk ratio. This is a quick swing trade earnings play to compliment my much larger long-duration swing trade in GDXJ. While an expected earnings beat is probably baked into the price I am betting that the beat will be significant and will keep price momentum intact.
NASDAQ:USAULong
by AwesomeAvani
1
CMCL a junior GOLD miner moves on spot gold uptrendOn a 15 miunte chart. CMCL is seen trending down and then reversing while traders seek to sync it to the price action of spot gold. The chart demonstrates price reversing on May 2nd out of an anchored VWAP breakdown into a rubber band reversal into a cross of the mean aVWAP. The movement of the PMO ( Price Movement Oscillator) confirms the reversal into a trend up. The ZL MACD shows a histogram flipping negative to positive with the signal moving over the mean MACD. The last of the trading week shows a big engulfing candle with a volume spike for me that spells momentum straight out and simple All in the all, I see price moving to a target of 12 over a period of a few days based on the angle/slope of the trendline. In the context of the gold bullrun and the concept of a rising tide being capable of lifting all ships, I see this as a very safe trade yielding potentially 4% over a few days. This is more than acceptable given the chaos and whipsaw action of the general market. If you find this idea helpful. please like and follow and perhaps message me for a referred link to TV pro. Trade well after DYODD !
AMEX:CMCLLong
by AwesomeAvani
1
Parabolic Setup on the Mining JuniorsThis is a very asymmetric trade setup with nearly blue skies to 100 if it can catch some momentum in the coming sessions. We also have a nice little fractal that shows us the path upward, should we break 49. I would not front-run this one and would wait for 50+ daily close before a serious entry. With this level of confirmation in pocket, I'll be taking a rather aggressive stance. Its a clear magnet-move to 100 - if for no other reason than it being one of the only decent plays available. =PigMagnet AMEX:GDXJ TVC:GOLD TVC:SILVER MCX:GOLD1! MCX:SILVER1! ASX:GOLD AMEX:GDX NYSE:GOLD
AMEX:GDXJLong
by UnknownUnicorn5511258
23
Clear defined channel for Dollar indexwhat will it be for the Dollar index? Short or Long? that the million dollar question. Taking the fundamentals and the economic status of the U.S into consideration, from my teams point of view we are seeing a rejection from in the near term. This is mostly fuelled by negative diverging momentum from the past 10 years. we can all agree that the U.S is not in better shape then it was 10 years ago, at least that's the story that the chart Infront of us is telling us. the M2 money supply accompanied with the FEDs printing is clearly the reason of this ever devaluating currency. we are seeing a decline in all the currencies coming up and the most that benefit in the upcoming 10 years are those who are not inside the stock market but in real assets. Real Estate : ✓ 7.5/10 Gold/Silver : ✓ 9/10 Copper/Nickel/Zinc : ✓ 9/10 Consumer staples : ✓ 8.5/10 Uranium : ✓ 7/10 Crypto : ✓ 2/10
TVC:DXYShort
by meeblemalta
2
Bullish Fundamentals and Technicals !!before saying anything I would like to mention the upcoming Drill results which could be a serious catalyst for the price of Labrador Gold corp. So in term of due diligence I do not just speak to Technical chart but also to extensive research such as Grades ,jurisdiction, financials and more. with that in mind, looking at TSXV:LAB one cant not notice the following Indicators: -Bullish diversion in Momentum in the MACD : ✔ -Bullish diversion in Momentum in the RSI : ✔ (which are both signalling upside in the near term) -also the STH Daily Bollinger bands are signalling a contraction to the upside : ✔ With regards to further TA : -Double bottom Formation : ✔ -possible Resumption of 200 Simple moving average : ✔ -Breakout from diagonal resistance and back test : ✔ The Chart is screaming BUY BUY BUY BUY !!!!!!!!!!
TSXV:LAB
by meeblemalta
Austral Gold 10 BaggerCheckout my other post for some fundamentals, looking at the long-term chart view of AGLD we can see that a possible bottom has been carved out and is forming a bullish inverse Head and Shoulders pattern. As gold continues to rise, the un-hedged production at Austral will continue to generate cash to fund drilling and acquisitions without dilution. A dropping gold/silver ratio will add value quickly to the paused casposo asset. I personally expected gold to break $1600 by the end of Q1, it did that by the end of the first week of 2020. With that sort of interest in the metal I would expect gold to trade up into the 1700-1800 zone by year end and possibly even record highs by this time next year. Austral just posted new drill results 7km from their existing chilean operations. highest section was 19g/t over 1m. GLTA. TSXV:AGLD
TSXV:AGLDLong
by CerebralEdge
5
Value Hunting in the Silver Junior Mining SpaceWith silver likely to surpass its 2016 peak of $21 this year in 2020, some of the overlooked silver junior miners may catch a bid here. In order to get back to just its 2016 peak, Impact Silver would need to increase 197%. I think at minimum we will get a 100% move in Impact Silver in 2020, with a less likely upward potential of 275%. This a miner you want to be accumulating while cheap and owning during the next bull market in silver. Very little debt. Is a producing junior miner. Has survived multiple bear markets. Highly leveraged to the price of silver.
TSXV:IPTLong
by Ludwig_Von_Mises
Time to Accumulate Gold and Silver Miners on Metals Pullback It is always important to keep one’s mind open and to consider all possibilities. At this point I am expecting a pullback correction in Gold, between $1416 and $1434. If this pullback comes, this will be an opportunity to accumulate undervalued junior miners who will play “catch-up” to the large cap miners. Additionally, with the gold-silver ratio finally breaking lower, silver looks poised to outperform on this next leg up. I am not actively shorting the metals, merely patiently waiting for this opportunity to accumulate even more shares in my list of miners. However, given the current state of affairs around the world, it is entirely possible this pullback never comes and that we move higher from here. I am hedged against that possibility by being presently invested and continuously adding to my investments in junior & small cap miners. In my opinion, if this scenario plays out where gold does not correct first, it will ultimately not be ideal for gold long-term and will likely result in a painful crash in the metals.
FX_IDC:XAUUSD
by Ludwig_Von_Mises