Goldtent TA Paradise

CDE

1. Afasilver says:

   November 18, 2019 - 10:25 pm at 10:25 pm

   Why would one sell if it becomes reverse symmetry back up? I think this one is just starting, although, future gains will take more time. Patience. Patience.

   Stefano continues to be very good with his analysis … here’s his thoughts w.r.t. CDE: https://twitter.com/stebottaioli/status/1193929473063829505

   • Atomic says:

     November 19, 2019 - 8:31 am at 8:31 am

     Classic inverse H&S it would appear…buy the back test… (if there is one)

2. Northstar says:

   November 19, 2019 - 5:45 am at 5:45 am

   Well spotted Fully. Defensive until we see a confirmed breakout. I do think an upside breakout is a greater than 50% probability though. TSI has plenty of room to run up and remain in the ‘bull zone’. If the narrative (unpopular though it may be) of a coming outperformance of commodities v general stocks turns out to be correct, this bad boy could really fly.

   • Patrick says:

     November 19, 2019 - 7:03 am at 7:03 am

     Yes. Gold miners fly harder and faster than spx when the precious metals complex is in a bull run! https://goldtadise.com/wp-content/uploads/2019/11/GDX-27.20-1.72-GoldTent-Google-Chrome_2.jpg

3. Karl says:

   November 19, 2019 - 7:03 am at 7:03 am

   Scattered comments:

   This thin nearly vertical line up sort of thing IMO, esp when heading for resistance, is all other things being equal best avoided, so I’m w/ Fully. I am not a fan of management, so all the more so in this case. If silver flies, this one will fly high though, along with all sorts of stuff. If entity is about to acquire CDE, of course it will do well. But there are safer ways to be exposed to gold-with-silver.

   CDE has (uncharacteristically) done something smart. It has taken a large position in Integra (ITR.v), which I believe has a wonderful property in Idaho, in CDE’s stomping ground. Speculators might want to look into it. I am totally unreliable, but my impression is that Kinross was foolish enough not to realize that there it had left largely unexplored a massive Au + some Ag property and let Integra have it (but I think retains some interest). Disclaimers include that I own a ton of ITR in retirement accounts, that I recently sold what I had in regular accounts since I did not like short-term charts and since I am dumping PFICs (Passive Foreign Investment Companies–it clearly is one). I learned of ITR from “Otto” of IKN, who recently noted in his public blog that he owns it and praised CDE’s purchase of ITR stock, so I believe I am allowed to cite him as approving of Integra and its property. In any case, I believe CDE was astute in buying a significant interest in Integra recently and the spike up of CDE approximately coincided with their buying a chunk of ITR. Probably a coincidence? But I think it might end up being a coup if CDE bought this property from ITR. Just a silly amateur’s guess.

4. Alfa8 says:

   November 19, 2019 - 9:50 am at 9:50 am

   This is a basic TA analysis site (stockta.com) I found for my stock-trading grandson.

   http://www.stockta.com/cgi-bin/analysis.pl?symb=CDE&cobrand=&mode=stock

   I thought I’d see what it came up with for our stuff:
   CDE it says bullish overall (and ST very bullish).
   SIL bullish; SILJ bullish (and LT very bullish); SLV neutral; GDX & GDXJ neutral; GLD bearish.

   It might be most useful as a contrarian tool, but who knows??