It seems many down and trodden commodity stocks are really starting to fly!
Alliance Minerals, GSS Energy, Geo Energy Resources, Noble Group.. to name a few.
Is it a Trump effect? I don't know and I don't care. I only care what the charts tell me.
A check on the major commodity ETF (exchange traded funds) review that Crude Oil, Agricultural Produce and Metals have all hit rock bottom last year and are all now just embarking on an uptrend (Crude and Agriculture) or already in a trend (base metals).
No wonder these penny stocks are running! The smart money knows.
see also: Chart Patterns basics
Crude Oil
Agriculture
Base (Industrial) Metals
