The TSX Venture Composite Index gained by 2.10% today to finish at a new 52-week closing high of 621.67.
After 4 1/2 years of consistently bottoming at higher lows, the TSX Venture Composite Index is about to enter its most epic bull market in history as soon as it breaks through the upper trend line of its symmetrical triangle pattern.
Currently, its most important long-term key breakout point is approximately 713, but it will become lower each week as the triangle converges!
The all-time high set in April 2007 is 3,371.57, but we just need to see a modest rally to 1,400 and this will allow the highest quality gold exploration stocks to become 10, 20, or even 50 baggers!
Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is meant for informational and educational purposes only and does not provide investment advice.
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