CIE-Similar to HTBX I was looking to make money on a big move and just missed out by a little bit. I was looking to get in on this Wednesday because it has had an upwards trend since August 10th. Unfortunately, I didn’t get in and missed the nice spike on inside buying news. Still watching this as it may continue to uptrend, 1.27-1.28 is the level I would like to get in at.
TGD-Still waiting for this to reach that key 0.50 support level. This is currently on a 5-day downtrend so it’s not a solid long play right now. Watching till it reaches that 0.5 level, then I’ll make a move based on price action.
CVM-This has been on an uptrend since August. I can definitely see this reaching 0.63 within the next week or so. 0.63 is key long-term resistance so if it breaks that as well it can even get to 0.7.
CVM I like. Has a lot of bullish indicators just triggered.
@NoviceUnicorn Here is why I like TGD, they had a great earnings report, just annoucned they are Debt-free, their Target pioce target is now $1.00, and now this article was just released: http://yournewswire.com/jacob-rothschild-ditches-dollar-in-favour-of-gold/
@togmaster Yes, all that is good but, you must think "Top Down" in commodities. The FED(for gold), CME futures, & economic sentiment. Gold is a very bad place to be for the next few weeks, as everyone is expecting a rate hike now. Gold moves on the FED, miners move on gold. Look at any oil stock today. Got demolished because CME futures were down MASSIVE. If you want to play commodity stocks you can't look at their own news. The FED and futures rule.
Yeah, I get that, but this admin will not raise rates this late in the game. I have been playing in and out of TGD all year since 0.09 cents back in Feb, they should be fine. The other miners might not do so fine though. As far as oil, buy the fear.
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