Analysis: Chart Pattern: Coeur Mining Inc. (CDE) is currently forming a Bullish Rectangle Continuation pattern, indicating potential for an upward breakout. Support and Resistance: The stock is consolidating between defined support and resistance levels. Breakout Potential: A breakout above the resistance level could lead to a significant upward...
CDE has a potential for a decent pump. Potential higher low on weekly time frame Looking for a target at 7,37 $ 112 % to be made
With substantial weakness in the dollar, precious metals and the USD currency index have a strong inverse correlation. Silver has broken out from a bullish falling wedge pattern, which it has back tested and then broken out of the back test. We can also see bullish divergence for the MACd technical indicator on the 8H for Silver spot too. The attached chart...
CDE looks bullish at these levels. Coeur mining breakout could be imminent. We are bullish CDE! - HH
GPL and other miners are breaking out. GPL just broke frmo the trend line and is above the supporting MAs. Many others in the sector have already broke out, check CDE which I bought last week.
$CDE is the world's 9th largest silver producer and is breaking a Long Term downtrend from the 2000s with a potential target of around $50 With a beautiful back test to the tread line after breaking out, this along with other silver commodity stocks should be looking very positive I think either this or $AGQ or $SLV or frankly any silver/gold stocks can be good...
Platinum is breaking out of a 5-6 week bull flag after tagging its 50 day moving average and reversing from major structure. Precious metals seem to be breaking out in general, but I particularly like the pattern in platinum. I am long all three (gold, silver and platinum).
GPL is a silver miner. It looks to be moving higher out of a downtrend. I think its fairly obvious being above the 200sma. Good buy here.
Silver XAGUSD is at the upper area of the consolidation box. A move higher would be awesome for us.
NYSE:CDE is one of the most volatile ideas in the gold mining space. So if enetered correctly it offers relatively quick and attractive rewards. Currently idea is retesting major support level, through which it broken up in early November. And if uptrend is to continue in this miner, should not go much lower than current spot. I am entering with idea to hold it...
Yesterday NYSE:CDE broke through bearish flag and is now targeting region at around 4$, based on the symmetry and current chart structure. There it should find strong support, for the move higher. Potrential trade: Sell short @ 4.60-4.70 region Target: 4-4.15 S top-loss: 4.90 Risk/reward: 2 to 1 or 3 to 1 based on the entries, which is reasonable.
Time to take short term profits. After some rest we should see monster run (hopefully) $CDE
CDE is a great buy here as the stock has broken out of a 8 year down trend starting in 2011. CDE has lagged other silver miners slightly during these recent silver breakout (). They are optimizing recovery and costs at current claims and have a great deal of exploration and potential for new claims in the works. They have suffered from aggressive short selling...
Harmonics pattern indicate a low may be in for Silver.
CDE is the stock connected with the mining industry and has recently touched the bottom. Look for the buy entries here on any daily bounce.
CDE has ended the steady and rather drawnout counter trend phase since mid-2016 with the break above ~9.05. A strong upmove towards minimally 11.75 (1st projection) is extremely likely. Secondary targets come in at 14.30 (3-4 months) while the long-term forecasts suggest levels well above 17.50 (12-months+). Maintain initial stops below 8.25.