I can’t remember how often I have stressed the importance of monitoring the strongest stocks like FNV – Franco Nevada and RGLD – Royal Gold within the gold mining sector. The idea behind that concept is to gauge a market’s or a sector’s health.
- How many stocks are able to print new all time highs?
- Are there lots of stocks within that sector printing new all time highs?
- Which one is the leader of the pack?
Although FNV and RGLD are royalty companies and not mining stocks in the true sense of the word they are part of that realm and need to be followed.
Here’s a short Video analyzing FNV – Franco Nevada and explaining a few Technical Analysis Concepts and what to watch for in the coming months. Enjoy!
If you can’t see the Video click here: FNV – Video Analysis
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