ABX trade ideas
Barrick making a multi year Leading Diagonal? $37 by Sept 2021Could Barrick Gold make a multi year Leading Diagonal?
Could we see $37 in Sept 2021 hitting the 161.8% extension of wave 1?
Then to retrace 38.2% by March 2024 to $24 before finishing the leading diagonal at $55 in March 2026
Could the leading diagonal end at the previous ATH back in 2011?
Such a long term estimate is difficult but I would like to come back to this in 2021-2022
GOLD (Barrick) The gold mine. GOLD (Barrick) The gold mine. The exchange rate may be facing a significant rise. The technical picture shows that we are in phase 3 of a very regular evolving fractal system. Typically, the previous fractals are copied at a 2: 1 ratio. Let's pause here. It is common for Stage 2 to finish copying (which we have not yet seen) and switch to another rule system. It is the "forerunner" of exponential growth. This is no different than the FIBO series. 1-2-3-5 For now, we are on the verge of this. Now I can't decide whether it's going to be a regular 2: 1 fractal copy or the 3rd wave of that FIBO series. In any case, I expect a steady rise with a target price of $ 33.50.
Barnes Group Inc
Upcoming Earnings today for Barnes Group Inc (est: 0.84) a miss could see Barnes re-test the top side of the rising channel. Anywhere inside the channel would be considered bearish for the short to medium term at least.
If expectations are met or beat, low 70s would be the first target to consider.
GOLD Is Ready To PopEasy 9% play inbound, looking to enter some contracts tomorrow if we can continue and hold breakout. The bulls have awaken...
DotcomJack | Easy Loot Trading
Not Financial Advice, please do your own research before investing.
Barrick Gold On breakout alert
Looks like major breakout is on the way for GOLD
Breakout entry $20.00
Target price $24.00 to 1-21 fibonacci extension
¿HCH en $GOLD Barrick Gold? Potencial figura de HCH en $GOLD. De ser así la suba debería ser interesante.
GOLD - Long Term PositivesHave been observing that when 50 week EMA crosses over 250 week EMA, good things happen for the long-term. Barrack Gold certainly fills the bill here as gold prices may be ready to explode as various world events push the argument for increased means of portable wealth.
ABX : Buy Setup
There are 3 reasons why I chose ABX stock:
I am looking forward to a downward movement in USDCAD. (More explanation on Related Ideas.)
I also follow up the stocks related to the precious metal sector traded in the S&P 500 Index.
You can follow and let's communicate )
I think that precious metals are discounted according to the World indices.This is the most important reason. (More explanation on Related
Ideas.)
Technically, it is suitable for long position.
Parameters
Risk/Reward Ratio : 1/2.59
Stop-Loss : 21.79
Goal : 25.88
BARRICK GOLD CORPORATION 1D CBOEthere is also a I H&S formation inside the general confines of the cup and handle
BARRICK FINALLY TURNS AROUND! SOLID EARNINGS! STRONG BUYROCK SOLID EARNINGS REPORTED THIS MORNING
Barrick Gold (GOLD) came out with quarterly earnings of $0.17 per share, beating the Zacks Consensus Estimate of $0.14 per share. This compares to earnings of $0.06 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 21.43%. A quarter ago, it was expected that this gold and copper mining company would post earnings of $0.10 per share when it actually produced earnings of $0.15, delivering a surprise of 50%.
Over the last four quarters, the company has surpassed consensus EPS estimates three times.
Barrick Gold, which belongs to the Zacks Mining - Gold industry, posted revenues of $2.88 billion for the quarter ended December 2019, surpassing the Zacks Consensus Estimate by 0.84%. This compares to year-ago revenues of $1.90 billion. The company has topped consensus revenue estimates two times over the last four quarters.
Great Job Mark Bristow, CEO
$GOLD Barrick Gold Bullish into earnings
Bullish formation, ready for move higher
Inverse Head & Shoulders on daily
Cup and Handle on weekly
Company profile
Barrick Gold Corp. engages in the production and sale of gold and copper, as well as related activities such as exploration and mine development. It operates through the following segments: Barrick Nevada, Veladero, Pueblo Viejo, Lagunas Norte, Turquoise Ridge, Acacia, and Pascua-Lama. The company was founded by Peter D. Munk in 1983 and is headquartered in Toronto, Canada.
Gold (Barrick) before rising 92%.Gold (Barrick) before rising 92%. The exchange rate appears to be moving in an accumulation area. Technically, the figure shows that the correction lower levels doubled in percentage (yellow rectangle). It can also be seen that the fractal rising wave sequence (green rectangle) also doubles. Conclusion. We have an accumulation phase, we have a doubling correction and we have a doubling wave sequence. The next wave sequence may be a rising wave again, three times its original size. As a result, the target price for further rise of the exchange rate is 33.50usd
Market Review - Monday, 27 January 2020MCD, GOLD, BMY, ETR, AZN, BHP, BMY, CAG, CI, CL, DTE, GWW, HUM, K, L, NKE, RIO, Y, TJX
GOLDEN CROSS - 50 DAY MA CROSSING 100 DAY MA - BULLISHWe do not play gold stocks. So here's a tip for everyone.
Today, Barrick popped up on one of the scans we run.
On the daily chart, the 50 Day MA is crossing up and over the 100 Day MA.
PMO, MACD, RSI and Stochastic are all BULLISH - (In an uptrend)
For anyone interested, here you go!
Best of luck with your trades!
B barnes group inc D1 short into resistance 25%barnes group inc daily chart review by projectsyndicate
short into strong overhead resistance at 71.50
target for bears is mirror level at 54.00
25% downside.
for bulls. look to buy later.
near mirror level1 and level2
good luck.
DS.
Market Review - Monday, 13 January 2020ETR, BMY, MCD, GOLD, AZN, CAG, CPB, KR, L, LMT, NEM, NOC, Y, RTN
