Thanks you kindly for the chart and analysis. I should stop messing around with these tumultuous stocks. 
Youāre welcome. Actually, FNME wouldnāt be a bad stock to swing trade. Buy in the low $2ās and sell near or at $3. With 5 grand you could trade 2000 or more shares and make $1500 a swing. Itās not one Iād be looking to invest in though, and I learned a long time ago that if Iām going to trade a stock, trade one I wouldnāt mind investing in because sometimes trades donāt go the way you want. It doesnāt feel as bad being āstuckā in something you are happy to own and confident that youāll get your money back. Itās pretty much how I have felt about MDMN and Cerro.
That is what a smart investor would do. Turns out I am not that, so much. I bought 2,000 shares at $4, so I am bag holding until it turns around. Sounds like some other investment I am in.
FNMA was a gamble much like MDMN was. If I lose it all it is not a huge deal, but I expect to make money on both. Just not nearly as fast as I would have liked.
Thanks again!
Iāll keep an eye on the stock and post anything worthy of posting for you. In the meantime, and this is for anyone who is interested, if there is a stock youāre interested in buying and you want some analysis done to help determine where a good entry point would be from a technical perspective, Iām not opposed to providing that kind of info. I just donāt want people becoming dependent on me for everything and I definitely donāt want people being pissed off because they followed something I said and it turned out to be wrong. If anyone is interested in that just ask, and do so with the understanding that I can not and do not make recommendations as I am not a licensed professional. What I can do, and what I do here, is post what I am doing or what I would do myself in regards to buying or selling a stock. If people are cool with that and take responsibility for their actions I have no problem sharing my perspective if itās wanted. (Also keep in mind that I may not always have the time to be here doing this so some day it might end, but Iāll certainly give a headās up in advance of anything like thatā¦ unless of course I should drop dead in which case all I can do is apologize in advance! LOL).
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I for one appreciate what you have done and are doing, Iām learning as we goā¦
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I donāt trade myself anymore GC, but Iāve got 17 years experience so if folks like you can learn something Iām happy to offer it. Itās actually more rewarding to me than the trading and I do enjoy it, at least in spurts like I do here. Sometimes I think I go too deep into things but knowing that there are still people interested in the details then that motivates me to offer that.
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Thanks TR,
greatly appreciated for your technical analysis and Iām sure everyone here feels the same way.
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Iāll do an update on gold and MUX once they make a move one way or another out of this little consolidation theyāve been in for the past couple days. My guess is it will be down.
No, up, we lost jobs, might make the Feds not hike.
MUX has been looking strong today so Iām starting to think the bottom might already be in. Iām going to buy my position today at 2.08. If there is more down side I donāt think itāll be more than .10 to .15 off the 1.94 low at this point.
deleted by me
Itās up based on news.
http://www.mcewenmining.com/Media-Events/News-Releases/News-Releases-Details/2017/McEwen-Mining-Completes-Purchase-of-Black-Fox-Complex/default.aspx
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Read the whole thing, itās a steal IMO, plus they get the accumulated tax credits on future revenues. Just need a little patience for Rob to spool MUX up
Checkout V.GGI or GGIFF wish my friend had put me on to them before they did their big run! Eric Sprott has been doing some financing with them
It seems that what ever Sprott touches turns into gold! lol! please tell your friend next time not to make the mistake of not telling you about a stock like this and the same time you can send me a PM and spread the love.
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Same here please.
Same here please.
Hereās an update for MUXā¦
The first chart is a daily interval simply showing that todayās candle hit the red 20 EMA and so far has found resistance at it. Tomorrow will give us a better idea of whether or not itās going to hold. The blue line above is the 50 MA and the green one above 2.90 is the 200 MA.
The next chart is the big picture of the weekly interval. The last four candles are a good example of why I like to keep trend lines visible even if theyāve been broken through. They still tend to act as support and resistance just like horizontal levels. The last chart is a close up of the same chart. So far itās looking like support was found at the top of the 1.95 - 1.80 support range as well as a minor trend line. This weekās candle dipped down and found support on a trend line so we can keep an eye on that for support now. Just above is the gap marked by the pink lines. Itāll be interesting to see how long it takes MUX to move through it.
Great chart and this.
http://s1.q4cdn.com/807296388/files/doc_presentations/mux_corporate_presentation.pdf
Hereās an update for gold, all are daily interval chartsā¦
First chart is a simple moving average chart showing gold found support right at the green 200 MA, then broke above and found support at the white 130 MA the following day, and has so far overnight pushed up through the red 20 EMA. But, the day isnāt over. Weāll see how this candle closes, same with MUX in regards to its 20 EMA.
Next is a big picture chart of gold that goes back to late 2015 where some of my trend lines originated. Note the trend line highlighted in green. Iāll cover more in the next chart.
The next chart is a close up of the previous. A few things to look at here. First, the trend line in green, although in the past was broken through, did end up being useful this time. No, you never can tell when an old trend line may prove useful but, yes, you never can tell when an old trend line may prove useful! 
Second, gold has broken through two downtrend line resistance levels. Weāll see if the third one offers anything useful. Third, the yellow rectangular zone is chock full of potential resistance which, if broken through, should clear the way to the 1310 - 1320 range.
The last chart shows gold bouncing off of the 62% retracement area, the most common level bounces occur from.
The main things Iām watching for today is how gold responds to the overhead resistance areas outlined in these charts. So far that 20 EMA is keeping gold from going higher.