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Strategies & Market Trends : Underexposed Technical Analysis
AQN 5.890+0.5%Dec 12 3:59 PM EST

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To: Underexposed who wrote (404)8/7/2019 3:10:06 AM
From: Underexposed1 Recommendation

Recommended By
kimberley

  Read Replies (2) of 914
 
USA: Final Cut for USA Gold stock


Ok, now let us train a critical eye on each stock

1) Kinross Gold Corp

Fundamentals: Kinross fundamentals

Revenue (Quarterly): This company has a consistent revenue of about $780Milion quarterly. But this translates to about $17million net revenue for each quarter which seems low to me

Debt (Quarterly): It has no current debt but supports a long term debt of about $1.8 Billion every quarter and it is not lessening with time... this is definitely hurting their bottom line....for a senior gold company this is not good as far as I am concerned

Charts



The P&F chart shows caution... the share price has reached a resistance right now with a larger resistance later on. The first resistance may fall and become a support but it is hard to say if it will or not so far.

The Trigger chart looks fine so far. I like how the Slow Sto has remained above 80 for a month and a half. The MACD and BBWidth are not showing an end to the run. I am leaning towards a continuation of the bull run and breaching the resistance.


There is absolutely nothing bearish in these charts... everything is bullish.

Yamana Gold Inc.



The P&F chart is not the best now either... After a long rise from $1.80 it has almost doubled its share price as it approaching a resistance point at $3.60 - $3.65. It remains to be seen as to how strong that resistance will be.

The Trigger chart is fine... the top circle show a bulllish cross of the 200daySMA by the 50daySMA That happened before in March but it faded fast....maybe it will last this time. The bottom circle shows a renewed breakout.



There is absolutely nothing bearish in these charts... everything is bullish.

B2Gold Corp




The P&F chart is like the others...ok but nothing special. The Trigger chart is pretty ragged as well especially with respect to the MACD and BBWidth.



The Sentiment chart is not as good as the others... The Force 30 and Di+/- are fine but the RSI(30) is pretty nuetral right now...it is neutral (flat) though mildly bullish.

The Ichimoku chart and indicators are bullish


Conclusions


There is no real standout winner here.

I will go with Kinross Gold Corp [KGC] so here is my order:

Effective at the opening bell for August 7, 2019


Buy 4000 shares of Kinross Gold Corp @ $4.85/share.... the order will be vaild until Aug 10, 2019

We shall see how it goes....

UE
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