In the time it took to write this post the sector went from stable to breaking upward from consolidation.
Let’s not have many words. Let’s just pop up some of the better looking charts on my watch/hold list. They are not marked up because I just created this new chart list to be used in NFTRH going forward due to the issue of TradingView charts being storage hogs (but I still love those live charts for in-week use at TradingView’s site) that bloated the last couple of NFTRH PDF files.
I am not including high fliers like GBR.V and MAI.V or non-starters that don’t yet look actionable. Just a few charts that look like they can still be bought at current levels, assuming a continued bullish sector.
AEM is nesting on the SMA 200 with good looking RSI and MACD.
BTG appears to be taking a step higher to break its funky pattern consolidation to the SMA 50. Nice uptrend. Nice RSI and MACD.
EGO may also be breaking consolidation as its neutral trend has increasingly biased to the upside.
GAU is making an attempt to take out that crazy pattern. A reminder here is that the weekly chart is the interesting one, as it appears to be a long-term bottom maker.
GOLD looks pretty nice nesting on the up trending SMA 50. As with others, RSI and MACD are in fine working order after working off the previous overbought readings.
Compliments of someone on Twitter, this one as gotten on my watch list for its inverted H&S (ish) structure.
In a very similar state is OR, which I added for that very prospect last week. Trends are still down on these two, so that’s a caveat.
OSK.TO (OBNNF) continued to hold the SMA 200 and is trying to take out the SMA 50.
RGLD is slowly trying to repair its lame chart. It held the SMA 200 and is hinting to turn up.
SAND already took a leg up. I added to it yesterday. I think it has plenty of upside potential as MACD is only now turning back up.
If SBB.TO (SGSVF) takes out the SMA 50 it could go on its way.
SSRM looks prospective here as well. The trends are gently up and as long as it holds the EMA 20 and SMA 50 it’s a bullish picture.
WDO.TO (WDOFF) is using the 50 day average as support. Beautiful up trending MAs.
A reminder that chart based NFTRH+ updates are technical trade setup ideas, which may not be revisited as the technical parameters are already noted. These updates are meant as a starting point for your further research if interested. I will not personally buy every item highlighted and will sometimes sell (ref. Trade Log) any item that I do buy below target (assuming I’ve not stopped out or sold for some other reason) as I often do. Also please be aware that I am not a fundamental stock analyst. Due diligence is your responsibility.