RGLD: Strong trend, interesting upside on the horizon

2017年7月22日

RGLD is a royalty company that invests, acquires and manage precious metals royalties and streams. The very strong technical chart suggests it's an ideal play to capture upside in gold while keeping risk low.
Their margins are typically much larger than explorers and producers, which allows them to thrive even during gold bear markets, which explains the drastically lower volatility compared to the gold chart.
Now that gold looks to be poised for a major move, I think RGLD gives us great opportunity and surely deserves a look here.

I labeled some technical signals on the quarterly and monthly timeframes. The long term trend is already up, and targets point to prices over $200 in the not so distant future.
Best of luck if investing in shares of this company.

Have a nice weekend.

Ivan Labrie.

2017年7月26日

交易進行

Good entry here.

2017年8月28日

註釋

Evolving quite well.

2017年9月17日

註釋

Decent pullback now. Last: 89.7