RE: UK Stocks and ETFs - Watchlist and Discussion
(2019-06-05, 07:47 AM)isatrader Wrote: Gold priced in Canadian dollars might be breaking out. But from looking at the charts, YRI.TO is in Stage 4 and BTO.TO is in Stage 1, so I'm not sure why you think they are such good charts, when there is a lot of others in the sector in better positions? Check your charts against the requirements in the Stage Analysis Breakout Quality Checklist thread, as that will help you.
Hi isa,
I've looked at your checklist, and their Ichimoku cloud does not look good yet (what other requirements do they not meet?).Â
I've picked the 2 stocks I mentioned because they recently crossed the MA(30) and the Mansfield Relative Strength is above 0.
BTO seems to have crossed a resistance last week, the last time it crossed that same resistance is back in Dec2018 and it went above 4.30 after that. Also, BTOÂ reported strong Q1 results.
I also looked at the following gold stocks:
IMG.TO
WDO.TO
ASR.TO
COP.TO
Which ones do you suggest are in better positions in the TSX?
Thanks in advance.