Trade Setup
New Jersey Mining Company explores for, develops, and extracts gold, silver, and base metal resources in the Greater Coeur d’Alene Mining District of North Idaho and Western Montana. The company focuses on mining and milling of ore from its 100% owned the Golden Chest Mine that consists of 25 patented mining claims covering 280 acres and 90 unpatented claims mine covering 1,390 acres located in Murray, Idaho.
Stocks found in the category TradersPro New Uptrend are low priced stocks priced between .30 and $5, 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.
