FNV Update…

I showed you this stock on Monday that was trading down at the bottom rail of a big 5 point rectangle reversal pattern. To launch a big rally there needs to be a base built. What we are seeing in most of the precious metals stocks is just the complete opposite. We are seeing topping patterns not bottoming patterns.

FNV

EDITORS NOTE:

If you are not yet a subscriber why not join us for Daily Chartology Classes

Details on the right sidebar

Subscribers have been out of the PM Majors and Juniors for many months

Some adventurers have been in the Kamikazi Trades like DUST (3X Short PM Stocks)

Which gained nearly 10% Today

Some are in the World Market ETFs like IRE (Ireland)

Rambus believes there will be a time for the PMs

But that time is not just yet.