Irresistible Force about to win. Melt-up flag, new highs
in the move, going to $23 shortly. ASM giving
another entry. KOR looking like 2.32 ... much of the better
action in the Venture exchange. PNP.to can capture that.
Cup and melt-up. Much of the leadership in the SPY is in
gap and grind mode, but this is just getting going. Mkt may
not be on crack, but it is on THC. Should touch the 49.48 old
"highs."
Thumb on the bid for most of the GDXJ , which can't get through
the wedge patterns just yet and now diverging with the shiny yellow
eternal golden immutable metal. Took almost 3 weeks for
stocks to get through the last consolidation, and we're only about
6 days into this one. Still above the 9 dma.
Ultrabullish patterns in AEM and a lot of stocks, but this flag
area might get rinsed one more time. Would expect a gap out
when these do move. OGC leading today. AUY, AG, SAND,
ANV, look good.
Solid in the PM space. New Year rally is just forming the
wall of one year cups or even more bullish patterns. The fib layout
suggests the 161 line from the 1st qtr rally is the next upside
target, which suggests a large gap coming over the current highs at
some point. The 261 line from the 20 yr chart is also in play
on a lot of the better majors. Mininum tgts are: RGLD looks like
$77; AEM $40.22. HUI 294 tgt. TAHO
26+. The proprietary GDX_CMNY_Jr index continues to pound
higher at 59% YTD vs GDXJ at 31%, GDX_CMNY_SR at 31% and GDX
at 20%
These two look about the strongest out of the rinse and run the
past few days. Bowow BAA looks higher. Leader TAHO, tgt
just up ahead. SMF.to, is the boss, lovely grind to the
upside. ASM, hot money ruined, but good around $2 support
fib.
no one should ever subscribe to such a goof , who obviously owns
nothing in the PM sector and didn't do his homework to see what was
coming and already happening well into last year. I sure want
advice from a guy who has missed easy 50% gains as to what's still
available. Maybe he should burn his models and buy a
subscription to TC2000.
Producers with some earnings issues, but low volatility
patterns. AR filling gap here on top of base now. CG
overcoming a rough quarter and sitting at a major inflection
point. First Maj similar situation, free air above , will it
fill gap first... Our proprietary GDX_CMNY_JR index is up 58%
YTD, GDXJ, 33%, GDX 19% . The GDX_CMNY_JR beats all
non-leveraged ETFs YTD. In looking at other top YTD
performers not in the index, SVLC is certainly a worthy
member. DGC.to and a number of others have had oversized
gains after naked shorting / tax loss selling late last year.
ANV looks good consolidating over the breakout. PNP.to as a
CDNX proxy has been very good.
Eye-popping pattern corking out. $6.43 initial
extension tgt, much higher prices ahead. AG , lagged, now
taking the baton $12.85 initial tgt. Have had my eye on the
"good" laggards, which have come around now. GLD hits 100 %
ext tgt , as does GDXJ
Hi div south african spinoff, led most of the fall, 52 week
high. TAHO kickin' butt. At 10% a day, they're
not buys anymore, but we're seeing some very healthy action
in sector leadership and short covering among the
dogs. Lots of sources of buying fuel still
around.
Remember, stocks like these went from $40 to $2 in the past 2
years. This rally is just undoing the summer ernins gapdown
in this stock. Looks a little weak, but it had a nice
run. This hit $6.55 premarket a few weeks ago.
AG has has been in the group that has appears to have been
shorted till the last 3 days. Now we're at a nice inflection
point - the baton may pass to the likes of these now. Targets
in the 12.8 range , hit $16 after the summer rally. AUY
looks much the same. Just looks like the $$ is going to the
bigger, lower volatiliy issues the last few days. PPP closer
to $6.72 tgt. GLD looks like $127. These GDX stocks
appear to be getting a lot of short-covering, just getting
going over the mid-Jan highs, look higher.
GDX looks higher. AEM, great year chart, hesitating at
resistance, earnings tomorrow I think. But might get up for the gap
with GDX poundin' higher. RGLD meltup to 68.22
I have short term tgt for NG for 3.37 to 3.49, (no) ernins , or
sugar, tonite after close. $7billion in bills. The
banksters have hit still been hitting some golds hard on
ernins. TAHO is poundin' on 25k shares. Not much that
isn't extended. ANV has been consolidating the earlier
jump, a little loose underneath, but nice longer term. Mojo
is with the GDX now, these are looking really good, hard to see
them giving much back as some are just getting going. Looks
like a 100% extension off the recent consolidation gets us to 43.47
on the GDXJ. Really still way down from last summer's
highs
Mouth watering pattern, looks ready to take the baton higher.
Buy Chase Rating , Buy Milli Vanilli on any dip. Goin'
up! Primero , extended but very tight pattern
underneath. Buy chase rating. Premier also has the
closest appearance to the GDXJ in general, looks higher
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ABX, Irresistible Force, Meets Imovable Object
GLD enters air pocket toward 161 ext. tgt. , GDXJ drafting
Posted by cmunny on 25th of Feb 2014 at 09:26 am
Irresistible Force about to win. Melt-up flag, new highs in the move, going to $23 shortly. ASM giving another entry. KOR looking like 2.32 ... much of the better action in the Venture exchange. PNP.to can capture that.
REGN strong in SPY , TGT 380s
Posted by cmunny on 24th of Feb 2014 at 12:35 pm
Cup and melt-up. Much of the leadership in the SPY is in gap and grind mode, but this is just getting going. Mkt may not be on crack, but it is on THC. Should touch the 49.48 old "highs."
GLD enters air pocket toward 161 ext. tgt. , GDXJ drafting
Posted by cmunny on 24th of Feb 2014 at 11:31 am
Thumb on the bid for most of the GDXJ , which can't get through the wedge patterns just yet and now diverging with the shiny yellow eternal golden immutable metal. Took almost 3 weeks for stocks to get through the last consolidation, and we're only about 6 days into this one. Still above the 9 dma. Ultrabullish patterns in AEM and a lot of stocks, but this flag area might get rinsed one more time. Would expect a gap out when these do move. OGC leading today. AUY, AG, SAND, ANV, look good.
Goldgrams Poised for Much Higher Prices
Posted by cmunny on 22nd of Feb 2014 at 11:13 am
Solid in the PM space. New Year rally is just forming the wall of one year cups or even more bullish patterns. The fib layout suggests the 161 line from the 1st qtr rally is the next upside target, which suggests a large gap coming over the current highs at some point. The 261 line from the 20 yr chart is also in play on a lot of the better majors. Mininum tgts are: RGLD looks like $77; AEM $40.22. HUI 294 tgt. TAHO 26+. The proprietary GDX_CMNY_Jr index continues to pound higher at 59% YTD vs GDXJ at 31%, GDX_CMNY_SR at 31% and GDX at 20%
CG.to, CAGDF , AR.to ARNGF Follow-up. BAA
Posted by cmunny on 21st of Feb 2014 at 10:19 am
These two look about the strongest out of the rinse and run the past few days. Bowow BAA looks higher. Leader TAHO, tgt just up ahead. SMF.to, is the boss, lovely grind to the upside. ASM, hot money ruined, but good around $2 support fib.
Title: It is worth knowing
For whatever it s worth
Posted by cmunny on 18th of Feb 2014 at 04:01 pm
no one should ever subscribe to such a goof , who obviously owns nothing in the PM sector and didn't do his homework to see what was coming and already happening well into last year. I sure want advice from a guy who has missed easy 50% gains as to what's still available. Maybe he should burn his models and buy a subscription to TC2000.
CG.to, CAGDF , AR.to ARNGF
Posted by cmunny on 18th of Feb 2014 at 12:19 pm
Producers with some earnings issues, but low volatility patterns. AR filling gap here on top of base now. CG overcoming a rough quarter and sitting at a major inflection point. First Maj similar situation, free air above , will it fill gap first... Our proprietary GDX_CMNY_JR index is up 58% YTD, GDXJ, 33%, GDX 19% . The GDX_CMNY_JR beats all non-leveraged ETFs YTD. In looking at other top YTD performers not in the index, SVLC is certainly a worthy member. DGC.to and a number of others have had oversized gains after naked shorting / tax loss selling late last year. ANV looks good consolidating over the breakout. PNP.to as a CDNX proxy has been very good.
ANV , AG , Rating Updated to Buy Hold, GLD hits tgt
Posted by cmunny on 14th of Feb 2014 at 10:49 am
Eye-popping pattern corking out. $6.43 initial extension tgt, much higher prices ahead. AG , lagged, now taking the baton $12.85 initial tgt. Have had my eye on the "good" laggards, which have come around now. GLD hits 100 % ext tgt , as does GDXJ
ANV Poundin' $5.34, snooze u lose
ANV Taking out Pattern highs
Posted by cmunny on 12th of Feb 2014 at 10:30 am
ANV Taking out Pattern highs
Posted by cmunny on 12th of Feb 2014 at 10:16 am
Stock traded several bucks higher after OSK takeover bid. Former GDXJ leader. Relatively strong today. Only gap I c is just below
PNP ... CDNX proxy ... here , short this one
GDX follow up
Posted by cmunny on 11th of Feb 2014 at 03:06 pm
95% down, but not out. The jrs. are dead, long live the jrs.!
SBGL breakout
GDX follow up
Posted by cmunny on 11th of Feb 2014 at 02:49 pm
Hi div south african spinoff, led most of the fall, 52 week high. TAHO kickin' butt. At 10% a day, they're not buys anymore, but we're seeing some very healthy action in sector leadership and short covering among the dogs. Lots of sources of buying fuel still around.
ANV Flag tgt 6.43 hasn't blown yet
GDX follow up
Posted by cmunny on 11th of Feb 2014 at 02:14 pm
Remember, stocks like these went from $40 to $2 in the past 2 years. This rally is just undoing the summer ernins gapdown in this stock. Looks a little weak, but it had a nice run. This hit $6.55 premarket a few weeks ago.
AG Sitting on a Breakout Point
GDX follow up
Posted by cmunny on 11th of Feb 2014 at 12:56 pm
AG has has been in the group that has appears to have been shorted till the last 3 days. Now we're at a nice inflection point - the baton may pass to the likes of these now. Targets in the 12.8 range , hit $16 after the summer rally. AUY looks much the same. Just looks like the $$ is going to the bigger, lower volatiliy issues the last few days. PPP closer to $6.72 tgt. GLD looks like $127. These GDX stocks appear to be getting a lot of short-covering, just getting going over the mid-Jan highs, look higher.
GDX Extension tgt $26.7
GDX follow up
Posted by cmunny on 11th of Feb 2014 at 11:19 am
GDX looks higher. AEM, great year chart, hesitating at resistance, earnings tomorrow I think. But might get up for the gap with GDX poundin' higher. RGLD meltup to 68.22
NG ernins tonite, AEM tomorrow GDXJ 43.47 tgt
Posted by cmunny on 11th of Feb 2014 at 10:38 am
I have short term tgt for NG for 3.37 to 3.49, (no) ernins , or sugar, tonite after close. $7billion in bills. The banksters have hit still been hitting some golds hard on ernins. TAHO is poundin' on 25k shares. Not much that isn't extended. ANV has been consolidating the earlier jump, a little loose underneath, but nice longer term. Mojo is with the GDX now, these are looking really good, hard to see them giving much back as some are just getting going. Looks like a 100% extension off the recent consolidation gets us to 43.47 on the GDXJ. Really still way down from last summer's highs
TAHO Best Jr. Chart Superb Breakout
Posted by cmunny on 10th of Feb 2014 at 11:33 am
Mouth watering pattern, looks ready to take the baton higher. Buy Chase Rating , Buy Milli Vanilli on any dip. Goin' up! Primero , extended but very tight pattern underneath. Buy chase rating. Premier also has the closest appearance to the GDXJ in general, looks higher