As I stated in yesterday’s “Charts of the Day”, both Novo and Irving looked fragile in the short term. Well, within 24 hours both had corrected a lot. All the way down to levels which I thought were too good pass on, thus I started...
Continue reading » April 2, 2019 admin Chart of the Day, Gold & Silver Stocks, Horseman's Portfolio No Comment A quick look at some charts for companies that I own to a large or small degree: Kirkland Lake (KL.TO) Log chart: … We can see that it bounced but then proceeded to break the black support line, which of course was a...
Continue reading » April 1, 2019 admin Chart of the Day, Gold & Silver Stocks, Horseman's Portfolio No Comment It’s getting tight… … Looks overall bullish to me.
Continue reading » March 26, 2019 admin Chart of the Day 1 Comment (August 1, 2018) Lets take a trip down memory lane, and see if we can draw some parallels to today’s sentiment and action in Novo… Winding back the clock to May 8-9, 2017: What did the chart look like back then?...
Continue reading » August 1, 2018 admin Novo Resources, Pilbara 1 Comment After playing around a bit with Google Trends in order to find a potential contrarian indicator I stumbled upon the chart for Canada and in hind sight it seems to have been pretty accurate in “predicting” major tops and bottoms… Canadian search count for...
Continue reading » July 29, 2018 admin Novo Resources, Pilbara No Comment Just to get a sense of what the situation is for the commodity market overall in the medium to long term I put together a few charts that can be seen below. These all suggest to me that we indeed are in a raging commodity...
Continue reading » January 19, 2018 admin Chart of the Day No Comment One of the few juniors that have been going up while the overall sector has been going down. About a 50% gain since I published my company report. They will be aggressively drilling in 2018.
Continue reading » January 17, 2018 admin Chart of the Day No Comment A lot of the “twitter traders” I follow seem to have been bearish gold and the miners for quite some time (even expecting a crash), and more are joining the choir every passing day. Personally I am still 100% allocated based on my charts because the...
Continue reading » January 17, 2018 admin Chart of the Day No Comment So I thought I would write something about what my current investment strategy in the precious metals mining space is. You probably know that I have a large position in a highly speculative exploration stock called Novo Resources. If you think we are currently in...
Continue reading » December 4, 2017 admin Gold & Silver Stocks, Investing Strategies 1 Comment Still inside the box and channel: Hourly chart looks very oversold:
Continue reading » November 15, 2017 admin Horseman's Portfolio, Novo Resources No Comment