Highly levered turnaround play for riverboat gamblers only
Over on the Rambus site I have made a tentative bottom call. (please don’t hold me to it) But for any of the crazy riverboat gamblers out there if you are looking for a highly levered bombed out way to play this take a look at Nova Gold.
Notice the positive divergences across the board. RSI, Volume, MACD Histograms, CMF.
No guts – No glory
My favorite “riverboat” is YRI.to (Yamana). It behaves like a 2x etf and has superb liquidity to handle the big jets 😉
Similar chart….