For a beginning a target in the $1.30's seems reasonable, and longer term, $3 bux is not too shabby.
Point and Figure does not take volume into consideration, but looking at the VOLUME DYNANICS© of First Point, I think we have a valid launch here.
I include nickel in my base metals index, as well as copper as the lead indicator
Saturday, December 4, 2010
DEC.V - Seasonal Index aside, drill results will tell here
From what you see here it is clear DEC had its requisite 'pop' above the Upper Bollinger Band on Nov 26, closing at 32 cents. I always need to see that FIRST before I commit funds, as it tells me the stock is getting "Twitchy", like an unruly horse at the racetrack starting gate.
Sunday, November 28, 2010
Sunday Night CHAT NOV 28 ,7PM EST
Live link posted here 1 hour prior
Saturday, November 27, 2010
"'Tis the Season" Now in this case is was just the SEASON
for Gold to show its seasonal strength. Wow, but when is that over?. Well, 'lest I reveal an industry 'secret' here, lets look at a SEASONAL Chart found at Gold Seasonals.
Likely as not gold stocks correlate but also have their own patterns and charts
Of course if you like that, well then you can go back to SEASONALS, and select your favorite flavor.
For sure there are new "seasons" coming and going, and you can pick your favorite. I think that you will find that being OFF-SEASON will be like looking for Gold in a Silver Mine. The software picture of metal prices through 2016 is very interesting but quite scary. I'd sooner have a picture of the price of a loaf of bread, and a BigMac through that time period before I bet the farm on any particular group. Right now food is appealing but that is as always.
www.denaliguide.us
DGS Network
DenaliguideSummit
Likely as not gold stocks correlate but also have their own patterns and charts
Of course if you like that, well then you can go back to SEASONALS, and select your favorite flavor.
For sure there are new "seasons" coming and going, and you can pick your favorite. I think that you will find that being OFF-SEASON will be like looking for Gold in a Silver Mine. The software picture of metal prices through 2016 is very interesting but quite scary. I'd sooner have a picture of the price of a loaf of bread, and a BigMac through that time period before I bet the farm on any particular group. Right now food is appealing but that is as always.
www.denaliguide.us
DGS Network
DenaliguideSummit
Labels:
charts,
commodity,
commodity seasonal pattern,
food,
gold,
gold seasonal pattern,
gold stocks,
patterns,
silver
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