I am suggesting you “scale in” to this position. This is one of those stocks that can move very quickly, so the goal is to wind up with the best cost basis as it finds a solid level of support. Scaling into a position involves buying a smaller percentage to start and easing into the […]
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Equity Oracle: 04/08/21
As you will see in the video, we are seeing a textbook inverted Head & Shoulders pattern on Nova Gold today. Due to the activity in the precious metals market today, we are getting into this long position early in anticipation of the breakout. Be sure to read all of my risk management notes at […]
Equity Oracle: 04/01/21
There is enough bullish evidence to support this new long position in GOLD. Please be sure to review all of my notes, particularly the ones that pertain to risk management. Over the years this stock has had a tendency to follow the technical signals very well, especially the CCI. See video below. I’ve also attached a […]
Equity Oracle: 03/25/21
This next trade candidate is one of the cheaper stocks I’ve traded, but it follows the technical signals as well as any other higher priced stock. Be sure to follow my risk management notes at the bottom of this alert so you are sure to apply the 1% Rule for managing the risk to the […]
Equity Oracle: 03/18/21
Please be sure to review all of my notes before entering any trades to your account, as this is a contingent buy alert that requires a breakout of the symmetrical triangle. Also, be sure to use the 1% Rule for Managing Risk on this trade. In the video, I will show you exactly where to […]