My Take of First Majestic
- The main reason why i am interested with First Majestic is the 3 month candle is closing above the RANGE (Blue Line) and above BREAKOUT (0 Line)
- I am bullish on silver and First Majestic stock can give you good return in a short period of time
- The reward is higher than risk, check RANGE INDICATOR (Green and Red line)
- In my opinion, it's not as efficient as Silvercorp or Fresnillo, but it's in the mid-range. How many primary silver companies are efficient? Not many.
- I wish it had gone to my entry level of $3.85 but i will buy more if it does.
- The good thing is that it has positive Free Cash Flow last quarter.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.