Triple Flag's 15min chart triggers KDJ Golden Cross, bullish Marubozu signal.

Wednesday, Jul 9, 2025 3:02 pm ET1min read

Triple Flag's 15-minute chart has triggered a golden cross in the KDJ indicator, accompanied by a bullish marubozu at 07:00 on September 9, 2025. This suggests that the momentum of the stock price is shifting towards an upward trajectory and has the potential to continue increasing further. As buyers maintain control of the market, it is likely that bullish momentum will persist.

Title: Triple Flag Precious Metals Corp: KDJ Golden Cross and Bullish Marubozu Signal Positive Momentum

On September 9, 2025, at 07:00, Triple Flag Precious Metals Corp (TFPM) experienced a significant technical event on its 15-minute chart. The KDJ indicator triggered a golden cross, accompanied by a bullish marubozu formation. This combination suggests a shift in momentum towards an upward trajectory, indicating potential for further price appreciation. Buyers maintaining control of the market signal a likely persistence of bullish momentum.

The KDJ indicator, a momentum oscillator, consists of two moving averages of the price and a signal line. A golden cross occurs when the faster moving average crosses above the slower moving average, signaling a potential uptrend. The bullish marubozu formation, characterized by a large white body on the candlestick chart, indicates strong buying pressure and a potential continuation of the upward trend.

This development follows a series of strong financial performances by TFPM. In Q2 2025, the company reported record revenues of $94.1 million, driven by sales of 28,682 gold equivalent ounces (GEOs). The company also announced the finalization of the acquisition of a 1.0% NSR royalty on AngloGold Ashanti's Arthur gold project in Nevada, which is expected to contribute significantly to future GEOs growth. Furthermore, the company maintained its 2025 GEOs guidance of 105,000 to 115,000 ounces.

The positive market sentiment is reflected in the company's stock performance. Despite recent fluctuations, the stock has shown resilience, indicating strong investor confidence in the company's strategic initiatives and operational milestones. The recent acquisitions and partnerships, including those in Australia and Peru, have expanded TFPM's portfolio and diversified its revenue streams.

Investors and financial professionals should closely monitor TFPM's performance and technical indicators. The combination of a golden cross and a bullish marubozu formation suggests a potential upward trend, which could be supported by continued strong financial performance and market sentiment. However, it is essential to consider broader market conditions and risk factors, such as the approaching expiration of trade-war truces and rising policy risks.

References:
[1] https://www.stocktitan.net/news/TFPM/
[2] https://www.ainvest.com/news/leishen-energy-15-min-chart-sees-kdj-golden-cross-bullish-marubozu-formation-2507/

Comments



Add a public comment...
No comments

No comments yet