with slight bullish tilt, since shorter term moving averages, including exponential moving averages (13ema/38ema) are above key longer term averages. MAJOR moving averages need to align and trend upward and continue on that trajectory...not just bounce a tad.
We appear to be at the extreme tip of the triangle continuation pattern, so I"m personally expecting an eventual break upside or downside for CDE and a number of others.
Gold/silver charts have been a mess. Light monsoon season negative for Indian economy (and hence may affect gold purchases).
Still, some individual miners have already doubled or tripled from lows (now with some greater or lesser pullback). CDE doubled from low 3's to 7's, now pullback and long continuation pattern...Likely eventual significant move upside OR downside is imminent.
Many negatives and positives for gold/silver at this time. Seasonal lows may be here or are on the way. VIX extreme lows and may pop with more pullback in major US indices possible.
Gold/silver itself has been a colossal pain so far as attempting any long term long position is concerned. One potential positive via Kitco:
A Pop In Chinese Equity Bubble Could Push Gold Higher – Natixis
Remains to be seen. Have small amounts of several gold stocks...have added strategically...tiny amounts...to those I believe may exhibit strength.
MAY add to CDE, at least for a short term trade, if an upside move occurs and looks strong.
PZG up 3.97%.
GG has retested a significant low. Bounce time there? GPL touched new low .446.
Coal stocks (KOL is the ETF often used for coal miners) continue washout ... see charts for KOL and individual coal miners and seemingly endless bad news. Charts ARE oversold on the daily, weekly, monthly, however, so from a technical standpoint, one MIGHT be observing for inflow or potential speculative reversal or at least bounce on more short covering.
All only my opinion and NOT a rec. I'm not overweight CDE and rarely overweight it.
CDE is arriving at the tip of a continuation triangle formation and break may EITHER to upside OR downside, possibly with a significant move, over time.
At this moment, some individual mining stocks, especially some silvers, have shown some strength recently.
If gold falls heavily, silver has historically tended to follow. En plus, there are some spring/summer months which tend to be lows for silver and/or gold...so caution is most certainly in order.
As of this morning, before market opens, CDE is rated a 60% BUY NEAR TERM by barchart:
Short Term Indicators Average: 60% Buy
See the website for more detail re intermediate, longer term and overall...plus their methodology.
amercianbulls candlestick reading still keeps CDE in the 'stay long' category, tho their methods often involve EXTREMELY short term trading based on Japanese candlesticks alone (so there is more room for error due to paucity of data used in evaluation). Still, their record for 'calling' moves in CDE is good, according to the history of their buy/sell/sell short signals for this particular stock.
$100 would have become $897.10 over a 24-month period if one had followed EVERY signal they gave (if I understand their chart correctly).
05/29/2015 5.4500 BUY
NOT a rec. Have small amounts of some precious metals miners, including some CDE at this time. I occasionally ADD (usually to tiny jr miners) when I see increased probabilities of a significant move. I tend to sell into bounce if the upmove is not yet confirmed (or if the associated commodity ... precious metals) is not yet in a confirmed upmove. (For some biotechs, I may add heavily and hold shares for a significant timeframe based on the science and/or technicals.)
At this point, some silver miners and some gold stocks appear to be in an uptrend, but gold itself has been weak.
More economic data coming out today and tomorrow. NOT A REC. My personal radar is also on coal,
specific biotech, silvers, specific uranium. jmo Agape
Double or triple inv hns on weekly for SLV...
CDE printing tip of a prolonged triangle continuation pattern after touching 7.45. Inv hns still valid on longer term chart.
Both CDE and SLV need to cooperate for an upmove, imo. The moves could be considerable, however, if there is a serious break to upside at this juncture. NOT a rec.
No position in volatility (near term or futures) at this time, but observing. Econ data not strong. VXX VXZ extremely oversold. Increase in volatility may or may NOT help gold/silver.
Remains to be seen.
Profit for Good Causes
Sois sage, mon petit...
Is a 3-headed bull chasing a GOGL of GASLs? Would it be a Paragon of virtue at sea? Oh, please, Diana (DSX DCIX), chantons....
Quelle fantaisie! ou bien peut-etre...belle fantaisie...
Encore une fois, nous verrons...
PRAN lows were 1.07...Touched earlier this morning to pull back to 1.50's a ce moment.
(See details of EMA previously announced orphan designation: Huntington's Disease)
BTU after retesting 2002 lows yesterday:
Peabody Energy Corp. (BTU) -NYSE Watchlist
3.84 Up 0.12(3.23%) 10:54AM EDT
SLV continues to hold above 200ma (and lower 50ma) with tiny transparent candle.
Crude and related nicely green on rebound from pullback.
UUP in contemplation re naming of significant cats or CAT, while 'Le hibou et la chatte' remain at SEA.
NOT a rec. Simplement Headsup for checkin' stuff out, IF interested in doing so.
Paix Sagesse Agape~
What is your EW low target, s'il vous plait?
Touched into 3.50's today and rose for doji close.
RSI extremely oversold daily, weekly, monthly.
Have coupla tiny munches, last one taken today...
GREAT moniker! (from a homemaker/businessperson/investor)
GREAT Prana moves....breathing easier now...
GREAT science associated with PRAN !!!
Peace Joy Agape~
Shhh...the trolls don't like it when you post information or analysis...
Wonder who the trolls work for? hmmmmmmmm....
Thanks for courageously facing down the enemies of Truth, Justice & Liberty!
Peace Wisdom Gratitude Agape~
Edit.: 'his NON-antennae'
(that is, if he is a fake insect, really a scorpion...watch that tail...tale...
Time to contemplate the velocity of velocity (singin' Oh, doji, 41.29) in after hours Prana...latter to 1.50 ah...
OI, traders, BTU 2002, 3.67
AHOY, matees, BTU 2015 3.67
la poesie du marche, dands mon coeur ou il pleut...pour mon pays...
Always point to the past with that not insect-scorpion tail (tale) of yours.
Even though they are related, they belong to very distinctly different groups. Scorpions are animals in the order Scorpiones, under the class Arachnida, which makes them a distant cousin of spiders. Scorpions have eight legs, while insects have six. Scorpions have two body segments while insects have three. Scorpions do not possess antennae and never develop wings—a fact that many people appreciate. Scorpions do not possess antennae.
NOTA BENE: When a scorpion pretends to be an insect with insights, realize his antenna may be poking around at some interesting information...
but he may (or may NOT) be interpreting it correctly.
CDEbiscuit is printing her triangle in the sky. Close to the point moves are smaller and usually with less volume...
We'll see if the larger formation (inverted hns) creates a stellar stampede to upside...or a dark HorseHeadNebula).
En plus, 3.56% in day is not bad, n'est-ce pas?
Chevaux du ciel
By objective standards, the Great O prevented us from ever EMERGING from the recession...all smoke-n-mirrors-n-styrofoam pillars...
shadowstats, real labor participation rate, rate of crushing of small businesses via massive and corrupt over-regulation, rate of increase of Washington political ocrruption as x approaches infinity...
Congrats on thorough DD re Chicago-style corruption.
If lyou live there, I'll lend you my guardian angle...the real one...and pray to St. Michael fer ya'...
jmo and thanks for confirming my own DD that lead me to similar conclusions (only opinion)...however...one must look at all relevant facts, data, shadowstats, shadow figures, any potential for shady activity...
Peace Prayers Ethics Agape~
Taking copious notes...as always...from all sources...directly from published studies and from those who comment....Science is superb, imo. PRAN method is safe, is SOUND science that is repeatedly verified in multiple manners, and is objectively astoudning. Breakthrough thinking. Watershed moments for medicine. Profound gratitude to researchers and all involved. Many praers for all with neurodegenerative conditions and for caretakers, MDs and all health care practitioners, not to mention astute and kind message board posters and investors!
Merci mille fois!!!
After doubling from low 3's into 7's, CDE pulled back and has formed a lenghty continuation pattern. Appears to printing close to the tip of the triangle at this point with (intraday) a glowing candle pulling the moving averages around it. 'Hug' from bull or from bear? My opinion is it depends on silver. SLV trading nicely above both 50ma and 200ma (which have not yet made bullish crossing). Intraday comments ... picture may change....FedSpeak/UnSpeak/Whatever...but we are close to a moment of truth for silver, imo. ONLY my opinion. Not a rec.
Would be nice to look back and say silver climbed a wall of worry.
Meanwhile, GSS tripled from lows (.16 to .40's) and has pullsed back to 200ma (above 50ma).
AXU recently achieved a double (from .25 to .50's). NOT a rec.
Personally expecting CDE and some other miners to break to upside, but I'm still trading some shares, rather than holding all.
PRAN followers are smiling today (lows were 1.07's...now to high 1.30's). I'm a fan of the SCIENCE and keep some shares at all times. Some trimming on upmoves to add on pullbacks. Metals hyposthesis for neurodegenerative diseases. Also jmo. Kadaicher, pivalde, interestingtome, pierreluke and others have insightful comments and quotes from abstracts on the Yahoo mb for PRAN. NOT a rec, tho I'm more likely to add heavily to a stock after a nonsense fall like that of PRAN than I am to add at nosebleed levels. Hoping for more pullback, actually, from test of 1.40, to re-add small amount I sold into rise.
Meanwhile, coal miners have been crushed into black holes. Some theorize black holes reverse to become white holes...emitting energy, instead of swallowing up everything in their 'event horizon'...Have munches at loss...observing for astronomical adding/trading... CDE and many silver stocks have also been black holes for many of us (money disappearing into gravitational pull. It was once believed NOTHING could escape.....see new theories...
Gold broke out, but needs to hold the breakout. Silver at resistance. Would be delightful to see silver (and CDE and other miners) explode to upside (perhaps after some consolidation?).
CDE pushin' at downtrend line from recent pullback.
AXU, the perennial laggard, is up 8.88% today after financial report and cc. CC was yesterday, with report previous day after hrs, I believe.
GDXJ facing some resistance. GDX retesting a previous high.
Numerous bullish and bearish articles on various mining websites, including Kitco.
Jim Wyckoff believes that bears still hold advantage in gold, tho gold does have upside momentum.
July silver futures on Thursday hit a 3.5-month high. Silver bulls have the near-term technical advantage and still have some upside momentum. Bulls’ next upside price breakout objective is closing prices above solid technical resistance at $18.00 an ounce. The next downside price breakout objective for the bears is closing prices below solid support at $16.48. First resistance is seen at the overnight high of $17.52 and then at Thursday’s high of $17.585. Next support is seen at the overnight low of $17.205 and then at Thursday’s low of $17.07. Wyckoff's Market Rating: 6.0.
See other articles, concerns about China weakness (not to mention adventurism), about potential reversal back to up for dollar, etc.
Personally thinking we may have some pullback in miners, followed by another upside move...We'll see what economic numbahs show next week. Geopolitical events should be bullish for gold and crude IF investors are objective, imo. Markets are irrational, however. jmo
Profit for Good Causes
VERY NICE upmoves in these today.
Barchart and stockta are free websites that offer technical analysis of stocks.
Here's the comment on NEM...had NOT checked, but had used my own evaluation (including good financial report). Glad they agree with me (smile):
Overall Average: 96% Buy
Price Support Pivot Point Resistance
27.50 26.24 26.55 26.86
AEM is considered 100% BUY near term (as of yesterday), with this comment:
Overall Average: 88% Buy
Price Support Pivot Point Resistance
34.44 32.06 33.26 34.46
Barchart & many others may MISS BOTTOMS and ALSO some TOPS and GAP DOWNS OR UPS....I do occasionally check them,along with near term (VERY short term) comments on candlesticks at americanbulls.
JNUG strong also.
GSS up ANOTHER 20%...now VERY OVERBOUGHT...but see all news, resources, comments for long term.
NOT A REC!!!
Peace Wisdom Agape~
He comments mid-July due date for cycle low gold and silver, but expands his analysis:
Projected high timing is due the week starting May 18th with projected low timing due
the week of June 15th. If the market can advance above the April 6th high into the projected high timing then it will suggest a higher bottom into the June 15th low. Once, this is confirmed, the bull phase should be instated.
JUST another opinion to consider, but this opinion includes cycles and seasonality.