MY JOURNAL FOR FRIDAY MORNING – NOVEMBER 12, 2021
NEWS, BREAKOUTS, MOMENTUM PLAYS & BOTTOMS
The Case for Much Higher Resource Prices – Rick Rule
Summary: Rick Rule and I sit down to discuss all things investment in light of the fed giving every indication that they’re going to taper. We discuss the oil and gas industry—which we’re pretty optimistic about—as well as the precious metals and how inflation is affecting jobs. Tune in for more insight from myself and Rick.
BREAKOUTS, MOMENTUM PLAYS, & BOTTOMS
AMC.V – Arizona Metals Corp
Arizona Metals is starting to push above the upper trendline of a multi-month consolidation / continuation pattern.
IVN.TO – Ivanhoe Mines Ltd.
Ivanhoe Mines is breaking out to a 52-week high from a bullish pennant continuation pattern.
CMMC.TO – Copper Mountain Mining Corp.
Copper Mountain Mining is setting up near the apex of a bullish continuation pennant. Watch for a breakout.
FM.TO – First Quantum Minerals Ltd.
First Quantum Minerals is pushing up against the underside of horizontal resistance as price action threatens a bull flag breakout.
CS.TO – Capstone Mining Corp.
Capstone Mining is curling higher off the lower trendline of a multi-month basing pattern. Watch for a price move back towards the upper trendline of the pattern followed by a breakout.
TKO.TO – Taseko Mines Ltd.
Taseko Mines is setting up near the apex of a bullish pennant that is located at the right side of multi-month cup basing pattern. Watch for a breakout.
MOMENTUM ALERT SIGNALS
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