Elliott Wave Training

Are you looking to learn the Elliott Wave principle? Or maybe you already have some experience and want to find the ways to improve your skills better.

Click on this post for details:

http://wavepatterntraders.blogspot.com/2012/04/elliott-wave-training.html



Showing posts with label NEM. Show all posts
Showing posts with label NEM. Show all posts

Sunday, September 15, 2013

Gold Stocks Report: GG, ABX, NEM, BVN, KGC, GFI, GOLD, HUI

Do you want to know where Gold stocks are likely going to go next?

Sick and tired of getting burnt?

Are your frustrated with not knowing where the market is going?

Are you a long term investor that needs some guidance?

Then the Gold Stocks report is just for you.

Its a simple PDF report that will be mailed to your email box once i receive confirmation of your purchase.

It clearly explains where i think the mentioned Gold stocks are likely to be going over the coming months/years.

This is your road map for the future.

I will be also be updating the report in 3-6 months, so you will get the next report at a reduced rate, simply email me the receipt of your purchase.

With Gold stocks suffering for 2 years, understanding the next likely direction, could  save you $1000s on your portfolio as well as make you $1000s.

Knowing when to buy and when to sell is the key to success.

Stocks included are: Gold Corp (GG), Barrick Gold (ABX), Newmont Mining (NEM),

Compania De Minas Buenaventu (BVN), Kinross Corp (KGC), Gold Fields (GFI), Randgold (GOLD) and analysis of the $HUI.

I have also added additional analysis of $SSRI $XAU, GDX and  Harmony Gold (HMY)

I usually charge $25 for a detailed report for any stock or market but i have combined a number of regularly followed Gold stocks to offer Gold stock investors a report that i think all investors should be reading.

To order, click the "buy it now" Gold stock report link to the right, once i receive payment, i will send your report within 24hrs.

It may just be the best $20 you ever spend.

Considering the "experts" have been horribly wrong on Gold stocks, why not try someone who "nailed the HUI high back in Sept 2011.

To prove I nailed the high here is the chart i posted to members on 09 Sept 2011

Before:


After:



NB: Labels withheld, they are included in the report.

I recommend to members get long DUST.

Is the high in?? or do we need one more high, the trade is use options or buy DUST like i am planing on doing, going to be a great move, if that long term chart i showed a few days back works out.

A few members sold all their Gold stocks on my recommendation (after much persuasion), as well as getting long Dust, they came away with smiling faces. The best $20 they ever spent (that's the price of membership per month for US stocks Gold stocks are included in that package).

The rest is history.

Members if you are reading this, you can send me an e-mail i will forward the report at no charge, the report is free to members of Wavepatterntraders.com
 
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Here is a bonus chart that is included in the report, the rest of the report is similar.


Gold Fields (GFI)

Monthly Chart



This appears to be in wave C of a larger [B] wave, currently it also appears to be in wave 5 of wave [3].

So a new low should finish wave [3], then set up a move higher in wave [4] towards $7.00 before a new low for wave [5] of the larger wave C and end a 3 wave decline for an even larger wave [B], then set the stage for a multi-year rally over the coming years.



Tuesday, August 13, 2013

Elliott Wave Analysis of NEW (Newmont Mining Corp) Update

I wrote a post a few months ago suggesting that a potential long term low could be setting up for this stock

See here: http://wavepatterntraders.blogspot.com/2013/05/elliott-wave-analysis-of-new-newmont.html

I want to share a few minutes to update this stock

It has enough gyrations in place to suggest a major low is in place, the reaction off the lows is suggesting a strong chance a major low is in place.

If you look at the monthly candles they are showing huge wicks and buyers have came in every time that this stocks has pushed under $27.00.


Its met its measured move target at $28.35 and the reaction to the upside looks serious enough to consider a meaningful low in place at $26.39.

So long term investors/traders can use $26.39 as a protective stop, and look to buy weakness.



NB: There is the possibility that this is still inside wave 4 as a triangle, so it would chop sideways then eventually move lower to make a marginal low under $26.39, if so, it should be obvious as a triangle, but even that would offer long term investors a chance to buy.

This is NOT a short term trade.

Sunday, May 26, 2013

Elliott Wave Analysis of NEW (Newmont Mining Corp)

The monthly chart is now coming into some decent fibbo support, the decline from the Nov 2011 highs has matched the prior decline from the 2005-2008 move.

So just based on history it can suggest a low is close by, its already met a 78.6%  fibbo retracement, much like the retracement back in 2008.



Furthermore the point at which wave [C] = [A] is close by as well.

Short term there looks to be a few waves missing and i suspect we could still target that [C] = [A] area around $28.45.

It appears to still need waves [iv] & [v] of wave 3 then a bounce in wave 4.

A bounce for wave 4 of [C] should stay under the blue line, but ideally around $36.00, then head lower for wave 5 of [C].

As long as it stays under the blue line, then wave 4 should chop around under that area and head lower to target $28.45.

Its at that point i suspect a low risk buying opportunity will be setting up, although there are still a few opportunities for the short term trader that is flexible enough.




Sentiment is probably matching the sentiment back in 2008, Gold stock have fell out of love with investors and traders. although its natural to feel like that, everyone loves stock at the highs, but never at the lows.

Yet in order to make profits you need to be buying when its nice and cheap, but this is where i firmly Elliott Wave can help ups find some entries to get long this stock when the time come to "jump in".