Most Disappointing Gold Stock Past Two WeeksAmong gold miners TMM must have been one of the worst performing gold stocks since reaching its peak on Feb 18. For comparison, GDX index hit a high 26.60 on Feb 18 and so far on Mar 5 the high is 26.50 for about -0.5%. TMM hit 1.80 high Feb 18 and high today is 1.59 or about -11.5%.
Chart indicates it could still morph into a bullish cup and handle pattern assuming price can hold above 1.50 right now and begin to move up near term back towards 1.75-1.80 in order to form the "handle" part of that pattern. But it better start doing so very soon otherwise any break below 1.50 on volume and that is company specific rather than macro.