I expect 5th wave in many PM mining stocks to play out

I use PHLX as a tracker for the PM mining sector in general. Many other mining stocks are channeling upwards and while we're currently consolidating I would expect a continued move upward to the top of the channel. We've already tagged the lower channel line so as long as it stays within the boundaries the move upwards continues.

Kommentar:

That channel didn't hold up. Larger base forming/formed.