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Here are three miners that are not particularly overbought. In fact, they have not even crossed the ZERO line on their daily charts, though their TSI behavior is diverging bullishly with respect to price.
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They are PAL, ANO and EGI.
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First, this is PAL.
Click on the chart to ENLARGE.
This is ANO.
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I will be carefully watching each of these three this week for a possible long trade. Certainly most gold and silver miners are overbought and as money comes out of them this week, it may find a home in one of these. But which one?
Click on the chart to ENLARGE
And finally, this is EGI.
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To my knowledge the first two miners are primarily palladium platinum producers. EGI is primarily a gold miner with a humongous property in Mongolia.
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Look at the long down channel price appears to have escaped recently.
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Click on the chart to ENLARGE
Nov. 23 Weekend report
17 hours ago
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