Putting bids in for GDXJ, ATUSF, and others

Please note I’m using the weekly charts in the charts below, because that is the time frame with the most attractive signal at the moment, the most oversold technicals. With regard to GDXJ, I already own some LEAP call options not expiring until Jan 2023, so I will likely focus there for my additional purchases. As usual, I will bid for them and be patient since there is no rush and miners have not yet proven they can hold their strength each day of late. If I get filled on the GDXJ LEAPS it will be adding to a losing position, so requires I keep an eye on it, since with more size but the same total risk I’m allowing, it means I give each LEAP less room on the downside before stopping out. In any case, I still have example room being I am not near full position in this idea yet. Weekly chart below…

Another stock I’m interested in buying on the pullback is Altius Minerals (ATUSF), another commodity play and Rick Rule’s favorite stock as of a month or two ago. I saw one of his interviews on youtube, and he was very positive on the fundamentals, visit the company site to better understand what they do at altiusminerals.com

Again, we see the stock is oversold on the weekly charts, and also made new 52 week highs not too long ago, typically a good setup in my trading. I’m not buying at the market, but sitting on a bid below the current price, hoping for a drift lower to fill me. Patience pays, either I get filled at a great price, or I don’t, and I just scope out the next opportunity that is always around the corner!

These are in addition to the names mentioned in prior posts over the last week or two, like MUX, KWEB, DSVSF, URNM, etc. Members can see all changes, buys and sells, and adjusted stop prices, along with unrealized profit and loss and total position sizes in the tabs above.