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Gold/Mining/Energy : Copper Fox

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To: explorationguy who wrote (10503)	1/18/2018 1:07:00 AM
From: louel	of 10654

I think your picks are pretty good. VRB has an Excellent chart. It has a stair step pattern. The most reliable rising chart there is. Rise, Consolidate - Rise, consolidate. Then a little higher it will usually turn into peaks and valleys. Has good steady volume averaging over 100 k daily offering sufficient liquidity for well over a year. Stocks with long consolidations like this where the you can draw a line touching the bottoms at 11 cents and the top. sloping down slightly narrowing the gap, Building pressure to make another move. Consolidations are good plays. Many reversals to the upside are off a consolidation where the stock has dropped to a previous consolidation level which offers support. Strength of the support is dependent on how long the consolidation was. Longer is stronger. I screen for what I want price to be doing when I buy When the screen brings up the charts with the criteria requested I go through them to qualify what I consider to be the best potential a trade. I try not to fall in love with any of them. Reading what they are about, is the product in cycle ? Is it about to come into demand Potential buyout ?? How much competition If it it a operating business, Does it have a positive EPS 1st, 2nd. 3rd Q back were the EPS # improving or getting worse. ? How about revenue growth L4Q + or - With an exploration stock there is no profits so one has to do two things Buy the drill bit and exploit the heard mentality. Buy volume increase which pushes price up. and sell the spike when news of the the PP or purchase is announced. Because it will pull back some 8 out of ten times. PP,s dilute value. Purchases create uncertainty. Can they handle it or did they bight off more than they should have ? When a stock pulls back to a previous support and consolidates. During the side ways period, Price is being controlled by bigger players while they accumulate. When they get their fill they buy enough to create a breakout and draw in the heard. Then buy just enough to keep the herd's interest up and price moving. Criteria for Finding those consolidations or stocks that should be about to move up. I set Daly Volume over 70000 Price screen between 20 cents and $10 MACD Less than .02 MACD 12/26 above it's Ma 9 MACD Moving up daily Shares outstanding less than 200M That scan produced a total of 71 Canadian stocks from the TXX and TSX venture combined that have to be qualified. To mention a few Stocks like KTN with a bowl bottom about to cross the 200 E,Ma IRON @ 33 cents possible break to the upside ? LVN (Levon) That is in a long pennant I will watch for a move on it. EBC which has pulled back to it's underlying up trend line R/G 42% $900 k earning 1 yr. RG 42% EPS in the Green for the last 3 quarters Price 58 cents Good product. On very low priced stocks which have been around for a number of years and have came down from 2 or $3 or more I don't like them to have more than 100 M shares for fear of a roll back. Been caught too many times . There are always some that surprise and don't work out If that happens take the loss while it is small. This is one of the scans I use Not sure how others do it. But before I investigate a stock I want it to be doing what I like then i find out what is making it preform and if I think it suits me. I don't expect big profits. But if it keeps running I'll take it. As Ocean 11 said to me in an inbox. " Don't buy keepsakes everything is for sale "

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