CDE Lotto Ticket
CDE is one of my lotto tickets for a possible 10-bagger. Even with the recent 60% surge this summer it’s still down about 90% from its post-recession/QE surge. As with EXK (and almost all miners, especially juniors), it’s undergoing a healthy backfill after an amazing run.
Plan:
Price is already below the 50 SMA on the daily with the average still pointing up. Too easy. Waiting for price to close above the 50 SMA and RSI 9 EMA to cross the mid line (set levels to 50 instead of 80/20) for a signal. Confirmation will be price exceeding the signal candle. Stop loss @1.5x ATR.
Not financial advice. Will update when active.
Plan:
Price is already below the 50 SMA on the daily with the average still pointing up. Too easy. Waiting for price to close above the 50 SMA and RSI 9 EMA to cross the mid line (set levels to 50 instead of 80/20) for a signal. Confirmation will be price exceeding the signal candle. Stop loss @1.5x ATR.
Not financial advice. Will update when active.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.