Trade Setup
GoldMining Inc., a mineral exploration company, focuses on the acquisition, exploration, and development of gold assets in the Americas. It also operates a diversified portfolio of gold-copper projects in Canada, the United States, Brazil, Colombia, and Peru. The company’s principal exploration properties are the Whistler project comprising 304 Alaska State mineral claims covering an area of 17,159 hectares located northwest of Anchorage; Yellowknife project consisting of 34 mining leases and 2 mineral claims with an aggregate area of approximately 12,239 hectares situated to the city of Yellowknife in the Northwest Territories; and Titiribi project, which covers 1 concession with an area of approximately 3,919 hectares located in central Colombia.
Stocks found in the category TradersPro New Uptrend are low priced stocks priced between .20 and $7, with at least 50k shares of average shares trading per day. The stocks are starting new uptrends and have buy signals. These are high reward to risk stocks with the potential for very sharp moves. A stop should be maintained at the low of the most recent hold signal day. Target prices for exits can be determined by using the next level of resistance higher or by using Fibonacci resistance levels found using TradersPro. Trailing stops or letting the stock run until the next sell signal is also a sell strategy.
