My take on Silvercorp Metals.
The Monthly Chart had a breakout several months ago and the candle is closing above the RANGE (Blue Line).
- Im a buyer on the 1st of April once the 3 Month candle close above the RANGE (Blue Line) and;
- The BREAKOUT is closing above the 0 line, which is very bullish but as always it can be a fake-out as well.
- In my opinion, it's the most efficient silver mining company currently.
- Geopolitical risk is there, but its everywhere.
- Free Cash Flow will grow as the silver price goes higher.
The Monthly Chart had a breakout several months ago and the candle is closing above the RANGE (Blue Line).
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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.