WHATS UP WITH THE USUAL SUSPECTS WE FOLLOW ?
After sorting thru all the Parallel Line charts, Relative Strength, and some other criteria, a number of candidates presented themselves.
That being said, you can see if not feel that we are going thru a correction in the Precious Metals, and yet Silver is feeling frisky, so if your going to buy something, you will want something with energy underneath it and in the bottom half of its range. Two of those are presented here for your view. OLA.To, and LUG.To, both in Latin America. OLA is involved in 2 leaching projects in Panama and Mexico, while LUG is working the Fruta del Norte, with vast concessions in Ecuador, and has started mining its first entry there. Metal pours are anticipated this year. Here is what they look like. More charts next week, let say on TUESDAY, with explanations of Moving Averages.
As you can see, both of these have touched their 20 Day Moving averages.
Generally the faster the advance, the more intense the correction, all things equal, however they are not equal here, both are touching their Lower Limit in the Parallel Bars charts, so it is equally likely NOT to see an anymore correction in either of these. The Buy Limits, Sell Limits and Targets are covered in the current Half Price (limited time) subscription as well as the Silver Stocks, probably a half dozen stocks in all. As always Satisfaction Guaranteed, or your Money Back.
Have a great weekend, be safe out there, and Good Luck. Happy Labor Day and see you on TUESDAY.