Post by
inse on Sep 21, 2020 2:52am
Nineteen Eric Sprott Holdings About To Detonate!
Folks, I just found this exciting plug for GXS...dated August 24, 2020...this fellow Patrick Karim called GXS a contrarian play last month when it was trading at 0.12, and his technical analysis has been spot on. GXS content starts at 12:44...here's the link:
https://www.youtube.com/watch?v=f2dih6RswKw
I listened to this one quite a few times, in order to transcribe it for everyone's convenience:
"GXS Goldsource Mines...look at that another one...huge huge huge in price action right here... very important congestion area...right now it's at 0.12...it's below the 0.14 volume defined breakout line...higher lows...stock is starting to go upwards...very close to the one year moving average...so this is another one...another contrarian play...if you get into this one...you're getting in early...again you see all these patterns?...nice long term trend lines...we're getting close to them...that's why we're consolidating below...and one day it's going to break out...it's going to consolidate above and test the break out line...if that holds...then it's going to shoot upwards...so that's the way i see it...you've seen the charts...you've seen the other charts i've done...you've seen these types of set ups...remember the one year moving average...the three year moving average below you...so this is a nice contrarian entry right here...and after that...if it can get above that 0.14...and it's a volume slight all the way to 0.48 right here...it's previous 2016 highs...so that's a triple bagger...double triple bagger...that's in the cards, and it's an Eric Sprott pick...so GXS is pretty, pretty, pretty, pretty sweet"
GLTA