It will probably take over a year to go back to pre-covid economic levels. Central banks and government will keep pumping money to support the economy, which is a long-term tailwind for Gold. The precious metal will also continue to be attractive as a portfolio diversifier, its cost to hold is cheap considering low or negative interest rates. Gold hit fresh highs...
Hello traders , FRANCO NEVADA CORP is in an upward movement, possibility of rising above the previous high pass the trend line to be able to fall if the buyers respond more. Please LIKE & FOLLOW, thank you!
This price move could indicate a change in the trend, and may be a buy signal for investors. I found 44 similar cases, and 33 were successful. Based on this data, the odds of success are 75%.
NYSE:FNV Try to go simple on your charts ! Have a good week guys...
In the past FNV followed the Gold but now it has been divergent to the bearish side. Now FNV is sitting on the important support which was previously acted as a resistance. As long as this level holds up and Gold continue its rise (with DXY decline which is correlated factor) FNV should retract back to previous high and then even higher. In case we break below...
Daily chart with Fib, overall Bullish trend indicated by the DCG Alligator. Could see price retrace to the 0.786 area, maybe the 0.618 area before continuing up.
Franco Nevada Corp (FNV - US) is all time high stock. It seems within wave 5th of wave 3 (or C) up. Buy for last move up if getting at good price to enter with stops below 132.60.
damn this thing really blasting off this year and the track record it has is crystal clear longs cover the SL and take profit, let the res ride
Gold miners have been enjoying a nice run over the past few weeks and after a short break, many look like this and are in the process of emerging yet again from sideways patterns.
Industry Group Rank 4 Composite Rating 99 EPS Rating 97 EPS % Change last Q 146% Last 3 Q Average EPS Growth 0,83 Quartes of EPS Aceleration 4 Sales Growth Last Quarter 17% ROE 21% SMR RATING A Quartes of Incresing Fund Onwer 0 Accumulation/Distribution B Relative Strenght Rating 97 RS near new high at breakout: SI
The shorter SMA crossed, the longer above (the 9th of April), that is a pretty bullish signal 50 EMA shows me that we are still in the uptrend ( D chart) RSI on the daily chart shows me that we still have space to go up You can see the important FIB levels 0,236 - 0,382 1) if we break the 0,236 resistance, we are heading up until 131$ area 2) if we can't...
Franco-Nevada is one of the best growth stocks in the entire stock market, especially at current times, in my opinion. I have been a huge fan of the company and have posted many ideas already regarding this excellent stock. This is a royalty company with very little operating cost and a royalty stream diversified amongst junior energy and PGMs but mostly Gold and...