Next to day and swing trading, I also manage a private funds. Always kept the two separate, but let me showcase some of my holdings that next to the fundamental implications, also have some interesting technical implications right now. Let me start of with Kinross Gold Corp.
Kinross is a mining company with a great balance sheet that could greatly benefit from a rising gold price.
Currently trading at $4.84 with in my opinion a price target of $7-$8 range or higher. My current average price is $3,54 and looking to add to the position based on technicals.
If you look at the chart, you can see clearly price broke out of a bearish trend channel and created higher lows on the downside, which might indicate we are in for a nice bullrun on this stock.
Looking for a correction on recent strong impulse and will add to the position if price does so.
Let's go!
Kinross is a mining company with a great balance sheet that could greatly benefit from a rising gold price.
Currently trading at $4.84 with in my opinion a price target of $7-$8 range or higher. My current average price is $3,54 and looking to add to the position based on technicals.
If you look at the chart, you can see clearly price broke out of a bearish trend channel and created higher lows on the downside, which might indicate we are in for a nice bullrun on this stock.
Looking for a correction on recent strong impulse and will add to the position if price does so.
Let's go!