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Mines

AG First Majestic Silver Corp, Down before up?Keep it simple. I drew a yellow brick road to the next target zone. This is a 2 to 3 month play. We have sell signals, no buy signals, with momentum even still bearish. I dont want AG to drop to here, but I just read charts and drop emotions. Were at the top of the wedge, with the Ichimoku turning bearish. The bottom of the wedge is a long term support line and great value area. Happy Trading, debating and speculating. Check my other charts as well!
NYSE:AGShort
by ToddGreen
11
AUZ - Australian Mines; Basic Technical AnalysisLooks like Auz is trying to find support at the 8.2c mark. Large gap from late feb has been filled. Last month has been in a downtrend. Downtrend lasted approx 1 month. OBV lowest it has been for quite some time. Conclusions: Optimistic - A period of accumulation then hopefully a trend reversal. FA of this company are great. Will top up on holdings when a clear buy signal presents itself. Pessimistic - Price will fall lower in need of finding support; possibly to 7.8c (small previous resistance) or even to low 6c mark before the major bull run took place. Any feedback greatly appreciated
ASX:AUZLong
by BrandenKamp