I would appreciate to get some ideas/set ups, (also or
especially penny stocks) from the energy sector and the gold/silver
sector. (Where is rank?). I liked the discussions about BTR.V and
DUNR, I owned both, I even managed to sell DUNR at 0.52......
My preferred set up is a uptrending stock in a
consolidation/pull back and the stock is at support. In my
opinion there are some set ups in the energy/uranium sector
like
FIS.V at support,
looks like an ascending triangle
FIU.TO backtesting breakout of a
triangle
STM.TO at support, ascending
triangle
UWE.V ascending triangle, maybe
a little late, just before breakout
I don't see many good set ups in small gold and silver stocks.
Maybe at or near some kind of support are
OSU.TO, GBN.TO, UMG.TO, EVG.TO, SGR.TO,
CMJ.V. But break of support and more downside seems
not unlikely... but gold and silver stocks could bounce here, as
Matt said in the todays newsletter...
I really would appreciate some trade ideas in this
sector.
AVL.to was a good buy at 5 yesterday, has since filled the gap.
URC.v(uranuim play in Quebec)support around .27, break out of
triangle .34 area. MGA.to consolidating in narrow range, energy
building right here around a buck. MAT.v(rare earth junior and also
has a gold JV with Goldcorp) bull flag support .50 break out around
.63. THC.v(alot of interest in their coal property) break out .49
then .55
as I went over yesterday, a lot of major gold players are
nearing suppport like BVN at the 200 day MA etc. I have a
list of Juniors as well, I'll go over those later
today.
I've found it best to buy these stocks at support vs
breakouts
for example BVN closing at the 200 day MA on Friday was too
easy, wish I had saw that, I would have picked it up. Now do
I think it's ready to run back to the highs from here, no, however
a bounce yes for sure to retrace part of that decline, then I think
it will consolidate again. The positive divergence via the
Histogram tells you that a bounce was coming but the lack of
positive divergence via the standard MACD tells you that it will
only be a bounce, then needs to consolidate
Energy and Gold/Silver Penny Stocks
Posted by zwyss on 18th of Jan 2011 at 09:05 am
I normally don't post, only read here.
I would appreciate to get some ideas/set ups, (also or especially penny stocks) from the energy sector and the gold/silver sector. (Where is rank?). I liked the discussions about BTR.V and DUNR, I owned both, I even managed to sell DUNR at 0.52......
My preferred set up is a uptrending stock in a consolidation/pull back and the stock is at support. In my opinion there are some set ups in the energy/uranium sector like
FIS.V at support, looks like an ascending triangle
FIU.TO backtesting breakout of a triangle
STM.TO at support, ascending triangle
UWE.V ascending triangle, maybe a little late, just before breakout
I don't see many good set ups in small gold and silver stocks. Maybe at or near some kind of support are OSU.TO, GBN.TO, UMG.TO, EVG.TO, SGR.TO, CMJ.V. But break of support and more downside seems not unlikely... but gold and silver stocks could bounce here, as Matt said in the todays newsletter...
I really would appreciate some trade ideas in this sector.
Thanks to all
AVL.to was a good buy
Posted by mp9ca on 21st of Jan 2011 at 04:30 pm
AVL.to was a good buy at 5 yesterday, has since filled the gap. URC.v(uranuim play in Quebec)support around .27, break out of triangle .34 area. MGA.to consolidating in narrow range, energy building right here around a buck. MAT.v(rare earth junior and also has a gold JV with Goldcorp) bull flag support .50 break out around .63. THC.v(alot of interest in their coal property) break out .49 then .55
FIS.V...
Posted by zwyss on 21st of Jan 2011 at 03:02 pm
... is going up.
I was talking about set ups of smaller stocks in Uranium/Energy sector a coiuple of days ago.
Bad timing for most of them, but FIS. V popped today.
re: FIS.V
Posted by ryandrea on 21st of Jan 2011 at 03:12 pm
Congrats, Mr Swiss!
Here's a couple of small
Posted by huylam on 18th of Jan 2011 at 09:54 am
Here's a couple of small ones I am following, they've all pulled back to the 200MA. CRK.TO, LMA.TO, CGG.TO, R.TO I don't have any positions.
as I went over yesterday,
Posted by matt on 18th of Jan 2011 at 09:28 am
as I went over yesterday, a lot of major gold players are nearing suppport like BVN at the 200 day MA etc. I have a list of Juniors as well, I'll go over those later today.
I've found it best to buy these stocks at support vs breakouts
for example BVN closing at
Posted by matt on 18th of Jan 2011 at 09:37 am
for example BVN closing at the 200 day MA on Friday was too easy, wish I had saw that, I would have picked it up. Now do I think it's ready to run back to the highs from here, no, however a bounce yes for sure to retrace part of that decline, then I think it will consolidate again. The positive divergence via the Histogram tells you that a bounce was coming but the lack of positive divergence via the standard MACD tells you that it will only be a bounce, then needs to consolidate
bnv
Posted by hazbin1 on 18th of Jan 2011 at 09:39 am
actually bvn