B2Gold Corp looks to set new high

B2Gold Corp looks to set new high


November 2021


Alex Cole

B2Gold Corp looks to be setting up for a new high.  The gold and metals mining stocks look attractive at the moment.

Here we see that after the "NoGo" that lasted for several months, the GoNoGo Oscillator broke above the zero line and the GoNoGo Trend followed by failing to paint NoGo bars.  We saw a few "Go Fish" bars creep in and then the Go trend was identified. Since then a Go Countertrend correction red arrow signaled the pullback but GoNoGo Oscillator found support at the zero line.  We see a trend continuation green circle under the price bar telling us that momentum has come back in the direction of the "Go" trend.