Golden Minerlas Company ($AUMN) This is a Delaware corporation based in Golden, Colorado. The Company is primarily focused on advancing its El Quevar silver property in Argentina, as well as acquiring and advancing mining properties in Mexico, Nevada and Argentina. The following is not investment advice, but simply captures my personal observations: The market...
Things could get interesting for silver - it started an upward channel in September 2018, and is still trading inside the channel. If it can stay within this channel, we could potentially see a major break-out and re-test of this long-term triangle in just a few weeks, after which some long-term growth should be in the cards for this precious metal. It is...
Short-term, BTC seems to be a little bit on the cross-roads here. It has formed an incomplete inverted head and shoulder pattern (tho quite whacked), but is not far from it with the price running against the neckline. However, we currently don't see the increase in volume required to change the direction and break resistance so we can't be confidently bullish....
The daily MACD had already crossed on Nov. 6th, and now Zcash seems to confirm its upward push by breaking out of the pennant - notably from a cup/handle situation - on the daily graph. If it can break through its 455 resistance, Zcash looks really very strong and, with some patience, will afford some very healthy (hefty!?) profit targets at the .236 ($613,-)and...
BTC is about to complete a H&S pattern. However, what gives rise to an even more bearish outlook in terms of a potential sell-off, is that a drop from the lower high could surpass the prior low and support of 8000. If this happens, and especially if also the lower orange support line is crossed, I'm expecting a significantly deep sell-off. However, I'm...
After a parabolic move, -blowout, and subsequent retracement, BCH is now calmly meandering around the 50h -where it just found support- toward the upper edge of a descending triangle. If it breaks the 1397 USD resistance line, it could go for a nice run-up. The 38.2 and 50 fib levels could be targets for profit taking. I am unqualified to present my...