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jeudi 17 août 2017

What's exciting this Friday

Ford: (F) getting close to my 10,50$ target. At that price it could be interesting to get in IF market stabilizes a bit. Watch for the DOW to react to toady's drop of 274 point as it could be the start of a correction and if that was to be the case, expect Ford to continue dropping toward 10,25$. In any case at 10,25$ or 10,50 it is a could entry point

Great Panther (GPL...GPR-TSX) Very interesting gain this week but still too early to sell in my opinion. If results continues to be that interesting, it could reach 2$ rapidly. It will not shout out straight to 2$ but it is getting there. Remember no long term debt for this one.

RAD Oh man this one is tricky. They even removed their last filing and no way to know if their refiling was done today. Wondering what is in it and i expect not much change except for a couple of stores here and there but again, i cannot trust totally this management team so stay carful. Volume tomorrow will indicate the direction. Low volume, more drops high volume great gain.

Gold will continue to raise but expect a lot of resistance at 1300$. But based upon open contracts (options call and put) i would not be surprised to see gold cross 1310$ on Monday so it could be a nice move to have some $$$  invested on that one

Barcelona's attacks, Trump losing it, Korea etc, a lot that could move the market rapidly.

Have fun and a nice week end to all my 30,000 (and more...) readers.

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