Call Us TODAY 1-877-919-5979
In this edition of RCKS Charts, Keith has evaluated the uranium price. Uranium shows several signs that a reversal of its 10-year decline may be finally taking hold. Work still has to be done but several factors are showing marked improvement. First and foremost, uranium has stopped breaking down to new lows, established a double bottom and is beginning to emerge from that pattern. Also notable is that momentum is about to cross into positive territory, and the 40-week moving average has already turned to the upside. A break above $23 reverses the down trendline from 2011 and essentially from 2007. Initial upside targets are $25-26 and $35-44. Support is solid across $18-20. read more
In this edition of RCKS Charts, Keith has evaluated Western Copper and Gold Corp. (TSX: WRN), Sabina Gold & Silver Corp. (TSX:SBB), Richmont Mines Inc. (TSX:RIC), Premier Gold Mines Ltd. (TSX:PG) and Excellon Resources Inc. (TSX:EXN). read more
In this edition of RCKS Charts, Keith has evaluated AuRico Metals Inc. (TSX:AMI). AMI has been in a positive long-term uptrend dating back to January 2016, as seen by its rising trendline and 200dma. The trendline has provided solid support on pullbacks along the way. Most recently AuRico, after rallying to a new all-time high at C$1.43, has begun to consolidate those gains. This is a normal development during an upleg and suggests more upside to follow. The rising weekly momentum provides additional support for higher objectives. The next upside target is the top of the trend channel at C$1.55-1.60. Additional higher targets are also possible. Support lies across C$1.32-1.33 then C$1.25. The consolidation provides opportunity to add or establish new positions. (Figure 1) read more
In this edition of RCKS Charts, Keith has evaluated Excellon Resources Inc. (TSX:EXN), Kirkland Lake Gold Ltd. (TSX:KL) and Serengeti Resources Inc. (TSXV:SIR) along with the gold and copper charts. read more
We are expanding our product offering to further provide value to our readers - as such we have launched RCKS Charts. Keith Edwards is a recognized expert in the field of technical analysis who has been doing this type of work for a number of years. His propriety technique helps identify trends early and we believe this should augment the fundamental work we already provide. For our first edition, Keith has evaluated Red Pine Exploration Inc. (TSXV:RPX) and Anaconda Mining Inc. (TSX:ANX). read more
Red Cloud Klondike Strike Inc. is registered as an Exempt Market Dealer (EMD) in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, New Brunswick, Nova Scotia, Prince Edward Island, Newfoundland & Labrador, and Yukon.
Red Cloud Klondike Strike Inc. connects mining companies with suitable investors that qualify under available regulatory exemptions. For example, in Canada, according to National Instrument 45-106, Prospectus and Registration Exemptions. Similar laws and regulations apply in other jurisdictions. Companies presented on this website are considered to be highly speculative and, as such, are suitable only for purchasers who can tolerate the highest level of risk including the loss of their entire investment.
© Copyright 2017 Red Cloud Klondike Strike Inc. All rights reserved.