TMQ trade ideas
TMQ is about to breakout AMEX:TMQ formed a nice head and shoulder pattern and is about to break out. Anticipated price action is shown on the chart, trailing stop weekly close below 50 MA.
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This is only my own view and not financial advice, do your own analysis before buying or selling
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$TMQ tightening into symmetrical triangleTMQ is moving into the apex of a 1.5 year long descending triangle. The stock has yet to react to rising metals prices but I'd have to assume the stock breaks higher as the $1.65-$1.50 area has held consistently (assuming March/Covid was the 'failed breakdown'). I'd be a buyer below $1.80.
Trilogy Metals, Inc Breakout watch Yesterdays upgrade
Trilogy Metals initiated with an Outperform at BMO Capital 05:00 TMQ BMO Capital analyst Rene Cartier initiated coverage of Trilogy Metals with an Outperform rating and $2.25 price target. The company is dedicated to advancing exploration, permitting and development at the Upper Kobuk Mineral Projects high-grade polymetallic properties located in the Ambler Mining District in Northwest Alaska, Cartier tells investors in a research note. Trilogy has opportunities for positive near-term news flow as it progresses permitting the road and mine, as new project studies are released, and as the project is developed, says the analyst
Source thefly.com
Company profile
Trilogy Metals, Inc. engages in the development and exploration of mineral properties. Its properties include Arctic and Bornite deposits. The company was founded on April 27, 2011 and is headquartered in Vancouver, Canada.
20% Gain - Trilogy Metals Inc. CEO Rick Van Nieuwenhuyse Our Company is uniquely positioned to offer investors exposure to rising copper, zinc, gold, silver and cobalt prices, with additional upside from exploration success and resource expansion, as it determines the extent of the mineralization at the UKMP.
Our team has been working in the Ambler mining district since 2004, and is equally passionate about building relationships through trust and mutual respect in the region. A long-term cooperative agreement with NANA Regional Corporation Inc., signed in 2011, consolidates land holdings into an approximately 355,385-acre land package and provides a framework for exploration and development of this high-grade, polymetallic belt.
Semi-Longterm.. red to green & run ?I have been in since 81 cents.. I projected then that was the last tap at that r/s line and would finally break and stay above, at the time I was shooting for 1.25, now I'm thinking 1.50, I just bought more at 1.03 when it dipped, it seems like it's flagging and I feel it's going to continue heading North.. though some feel that star was a reversal signal - your thoughts?
It could also have been a simple dollar play, in at 81 out at 102-110.. and short it as it falls back into the 60's.. lol hope not, but anything is possible. Let me know your thoughts, J