Kirkland Lake (KL) was the previous bullish standout, which I sold maybe for the final time recently (taking on the RING iShares instead, which includes KL and other top miners). In this macro environment I want more exposure in actual miners relative to royalty, exploration and mine developers. Because the miners would leverage the fundamental backdrop in real time (as noted often recently, I am … Continue reading NFTRH+; A Particularly Bullish Gold/Silver Miner
Per the NFTRH Trade Log I bought TWTR on Monday for its daily chart pattern even though the weekly chart was less attractive. TWTR had been conspicuously constructive despite the greater market’s recent troubles. The pattern was not activated until today (assuming this is not a head fake). If it successfully holds this breakout the measurement is in agreement with a gap that could fill. … Continue reading Tweet Tweet!
We covered the daily technical situation in NFTRH 529 but it can’t hurt to review again for those who are not just holding for a new bull market (and all the volatility that is sure to entail). In short, traders would want to be aware of the first significant resistance levels. As you know, we have been ramping up a bullish fundamental view slowly but … Continue reading NFTRH; Upcoming Parameters for HUI, Gold and Silver (high priority)