In an email correspondence with Fred Lacy (I was inquiring about any thoughts he might have on CORVF/KOR.TO) the subject of GSV came up, as it is a fellow Nevada-based prospector. Specifically, GSV as a tax loss seasonal play, which Fred is interested in and I had had in mind as well. He confirms my suspicion that it was way over hyped and over valued … Continue reading NFTRH+; 2 Seasonal (Tax Loss Selling) Gold Stock Candidates
As you may have noticed in the Trade Log, I bought GSV today on its harsh in-day pullback to the 50 day moving average. Let’s look at the daily and weekly charts a little closer. I am using large charts to gain the full context of the patterns. Click the chart for clarity. The daily shows a fairly nice looking Inverted H&S with the price … Continue reading NFTRH+; A Gold Explorer in a S/T Inverted H&S and L/T Cup & Handle
Booking both of these, each for +12%. BTG was added per a note in a regular report and GSV was an NFTRH+ highlight the other day. I’m taking the GSV profit because it is squarely in the projected bounce zone and the BTG profit just because I want to, to put it in less than technical terms. Now we wait to see what the “bearish bulls” … Continue reading No One Ever Went Broke Taking Profits; GSV & BTG Edition
GSV is a stock that we had a successful, albeit short-lived trade on in January as it was just starting to break upward from an extended downtrend. It is also a stock that has apparently been beaten to a pulp as part of the GDXJ rebalance situation. If you think that the damaging effects of that announcement due at the end of this week will … Continue reading NFTRH+; Gold Explorer in a Potential Bottom Setup
I don’t identify some of these stocks in the title because I don’t want the public to know about them. When they are larger and highly liquid like IBM or FCX, fine. But not the likes of GSV or recently, FANUY. Also, as pertains to GSV, this is strictly a look at the technicals. It is highly recommended that anyone interested be up to speed … Continue reading NFTRH+; A Nevada Gold Explorer in a Technical Setup
