Technology Talk on Wednesday, April 7, 2021

Technical Notes for Tuesday, April 6 The Gold Bug Index (HUI) rose above 284.17 and made a double bottom. The Gold Equity ETF (GDX) made a double bottom, surpassing $ 34.48. Wheaton Precious Metals (WPM), a TSX 60 stock, climbed above $ 40.37 and completed the reversed Head & Shoulders model. Kinross Gold (KGC), a TSX 60 stock, rose above $ 7.14 and completed the double decline. Agnico-Eagle (AEM), a TSX 60 share, exceeded C $ 76.50 and completed the double decline. General Motors (GM), an S&P 100 stake, climbed to an all-time high above $ 62.24 and continued a moderate uptrend. Medtronic (MDT), an S&P 100 share, climbed above $ 119.92 to hit an all-time high and extended a mid-uptrend. Fastenal (FAST), a NASDAQ 100 share, climbed above $ 51.58 to hit an all-time high and extended a mid-uptrend. Micron (MU), a NASDAQ 100 share, climbed above $ 95.75 to reach its all-time high and maintained a mid-uptrend. Global Timber iShares (WOOD) hit an all-time high above $ 88.48 and continued a mid-range uptrend. Gildan Activewear (GIL), a TSX 60 share, continued its mid-range uptrend by breaking above $ 40.54. Natural gas ETN (UNG) fell below $ 9.06, making an intermediate bearish trend. The Uranium ETF (URA) climbed above $ 20.71 to reach a six-year high and continued a mid-range uptrend. Investor Corner Stock indices and related ETFs Daily seasonal / technical stock trends for April 6, 2021 Green: up from previous day Red: down from previous day Red: Sectors down from day before day before April 6, 2021 for Daily Seasonal / Technical Sector Trends Green: increase on previous day Red: decrease on previous day Disclaimer on S&P 500 index: recommended seasonality and technical notes in this r Read more

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