The share price of the Canadian gold and silver explorer Juggernaut Exploration (WKN A2PTXU / TSXV JUGR) has been rising steadily above the blue upward trend line since the beginning of the year without interruption and has more than doubled its value in this time. After the successful test of the one Canadian dollar mark, this should have established itself as a new base.
The two average lines are also showing positive signs – both have been rising continuously since the summer, and the medium-term buy signal, which results from the 100 crossing upwards through the 200, remains intact.
Buy signals were recently generated by the MACD as well as the Stochastic indicator – in both cases, the blue line crossed the red line upwards. After the consolidation following the October high, the trend confirmer slipped below the neutral 100 for the first time in four months, but turned upwards again a few days ago and should now quickly return to positive territory.
The Chaikin Money Flow, which indicates the flow of capital, mostly traded in the red zone in the last eight weeks, signaling an outflow of capital. In line with the other buy signals, it has now also been able to return to the green zone, indicating an inflow of capital.
