Gratomic is focused on high-grade, natural graphite deposits in desirable mining jurisdictions with well-developed infrastructure. Look for an RSI recovery, with positive CMF and MACD divergence.
Dialing in to the 2hr chart, GDX continues to demonstrate a bullish stature... Looking for $52 - $54 range to cap off (5) of circle 3... with extension to 1.618 toward $59 as a possiblility. Metals can often extend in very bullish markets. GDX should remain above $35 near term, with $33.50 as my line in the sand.
Gold charts are tricky right now, but examining the miners, we see a much larger bullish trend that portends higher.
Chaiken money flow showing positive divergence, up against long term downtrend line. Wait to see if we get the break out of down channel before going long.
I think we head remarkably lower before we break out of this long-term downtrend. The triangle will be breached eventually, but I believe the $35 target level may be in order this year before moving higher again. What will they use as an excuse for such a scourge? "Saudi/OPEC turns on the taps to fight US Shale oil market share?"
EMA cross (50/200) on the 2hr chart, maybe back testing the 200 EMA now. Bresserts crossover on the weekly chart in oversold territory (last time this happened, it pumped $10 in the following 2 weeks - past performance not necessarily indicative of future results). CMF shows money flow is in positive territory, relative strength hovering just under 50 RSI. I'd...
If BTCUSD gets it's legs for another run to all time highs, this one should also fill out to new highs. Look for the 200% extension into the $188 USD region. Trade at your own risk, continue to move stops up as the trade progresses.
It's gone incredibly low, bottom should be in. Use a tight stop.
“The night is darkest just before the dawn..."
Trade with money you can afford to loose, support at $0.08-0.09. Looking LONG.
Can we break-out $0.31 resistance? Vamanos!
Maybe a final downward move in an Ending Diagonal, target $0.60/share BUY but may not get that low. min $2 target by Eof 2020.
lets see if WTIUSD hits low to mid $30s; then time to long
It's a bit premature to be calling for a H&S fulfillment... but let's see how it plays out.
Look! A castle perched atop a mountain! Precariously placed though...who's betting it'll topple...regardless of FED hike (already baked in IMO)!??