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What the Charts Say – Agnico-Eagle Mines

Agnico Eagle Mines Ltd. (Friday’s close $67.14) rallied from $27.63 in mid-2015 to $78.35 in mid-2016 (A-B). It reversed the rising trend when it fell below its 40-week Moving Average (40wMA – C) and started a new down-trend (dashed line). The stock remained below the...

What the Charts Say – Wheaton Precious Metals

Wheaton Precious Metals Corp. (Friday’s close $27.03) rallied from $14.51 in January, 2016, to $40.80 in August of the same year (A-B), reversed the trend and declined to a low of $22.63 at the end of the year (C). Subsequently it traded below $30 until recently...