Entering text into the input field will update the search result below

Kinross Gold: New Bullish Trend May Have Just Begun

Apr. 03, 2021 5:02 PM ETKinross Gold Corporation (KGC), K:CA22 Comments
Individual Trader profile picture
Individual Trader


  • Shares rally 5%+ to kick off April. A change in trend may be in the works here.
  • The long-term chart points to a successful retest of a bullish triangle.
  • Growing production on the back of increasing reserves will drive shares higher here.
  • Looking for a portfolio of ideas like this one? Members of Elevation Code get exclusive access to our model portfolio. Learn More »

oro pepitas de lingotes de y
Photo by -oqIpo-/iStock via Getty Images

If we look at a long-term chart of Kinross Gold (NYSE:KGC), we can see that every time shares broke out above their 10-month moving average from oversold conditions, we witnessed a sustained rally. This


Elevation Code's blueprint is simple. To relentlessly be on the hunt for attractive setups through value plays, swing plays or volatility plays. Trading a wide range of strategies gives us massive diversification, which is key. 

Join Us here


This article was written by

Individual Trader profile picture

Analyst’s Disclosure: I am/we are long KGC. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.