2024-07-16 19:13:20 ET
Summary
- Gatos Silver shows strong positive breakout conditions, supportive momentum from the sector, and US dollar index.
- Strongest MDA breakout conditions since January 2021 include positive sector, market momentum and stock characteristics.
- Gatos Silver comes from the Weekly MDA breakout model up over +186.5% YTD in 2024.
- These MDA signals in silver can be used at the stock or ETF level with bullish signals in precious metals, basic materials or related funds.
- The count of weekly portfolios with at least one stock gaining over 10% in less than a week has increased to 294 out of 372 trading weeks (79.0%).
Introduction
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For further details see:
July Breakout: As Dollar Drops, Silver Shines In Record Bullish MDA Signal