AG1/N trade ideas
Bearish Wolfe Wave Coming Up To EarningsPossible bearish wolfe wave / rising wedge on First Majestic Silver. Viewed on 4hr / 240min chart, also seen on daily chart. Coming up to earnings date. Just started trying to identify wolfe wave patterns, so will be interesting to see how this plays out.
AG Bullish Continuation?NYSE:AG Nice upward trend till about 9.55 resistance. Idea for bullish entry swing trade to resistance.
AG: $10 Short, this Silver Miner is RallyingFirst off, please don't take anything I say seriously or as financial advice. As always, this is on opinion based basis. That being said, let me get into a few of my key insights. Currently AG is on a bullish run from what looks to be a price correction or an increase in demand, and you are looking at a price increase of $4.70 to $8.37 in a matter of 7 weeks which makes a stable increase of +78%. I believe realistically, it is expected to pass the $10 threshold within a few weeks at most.
First Majestic Silver Corp 1D 3 rising valley, Bullish.
HOWEVER - awaiting confirmation - see where #3 points.
First Majestic Silver - Key Levels to WatchWe can see higher highs forming and a key resistance at $8.
This resistance must be crushed with high volumes for the rally to sustain.
I think it is a nice trade to try out!
First Majestic Silver - Short term - BUY BUY BUY !!!
Breakup occured with high volume on 24 April.
RSI looking good.
Trend is bullish.
looking at gold silver miners3.19.20 I am talking about the mining stocks. Pierre Lassonde is the name I could not remember...interviewed on King World News. Useful...just as Kitco is useful, but treat like you would treat your dog who bites...even you. I wish I could recommend a gold/silver advisory service that has a good reputation...but I don't have one that I have followed. I DO think the good services are effective in exposing information that includes Geo-political issues for various mining companies. Two stocks I got from the Lassonde inverview. Two other stocks are from something I read or listened to...and I probably added to my watch list...I kept on the watch list. BUT YOU NEED TO DO YOUR HOMEWORK. If gold and silver break higher, the mining sector will move much higher....many times higher that the physical gold and silver.....BUT THEY ARE VERY RISKY and you don't load the boat with any one stock...you want 4 or 5 stocks or more do diversify the risk.
I am very comfortable with the markets I talk about most. I am not comfortable with mining stocks. IF ANYONE IS COMFORTABLE WITH METALS ADVISORY SERVICES THAT ARE HIGHLY RATED, PLEASE SEND ME ME A PRIVATE NOTE OR POST HERE...I WOULD APPRECIATE THIS AND WILL TAKE A LOOK. IF I LIKE A SERVICE i WILL SUBSCRIBE. I have had many advisory services over the years...never like them...and haven't had any for over 10 years>>>>but the unique Geo-political issues are important for the mining companies....and good advisory services will include this information.
$AG looking for support$AG has a good shot at finding support here as it test LTL of large symetrical triangle. LONG TERM POSITION
$AG #AG very rewarding to some #traders with patience I personally enjoy trading #daily this stock , with 2-3 K in shares , gives me worry free of outcome due to large percentage wins .
Size sometimes is difficult to alter when watching Afterhours ticks :D
$AG Breakout trade in First Majestic SilverEntry level $12.50 = Target price $14.00 = Stop loss $11.90
Looking for continuation from the breakout
short interest 11.8%
First Majestic Silver Corp. engages in the production, development, exploration and acquisition of mineral properties. It owns and operates producing mines in México including La Encantada Silver Mine; La Parrilla Silver Mine; San Martin Silver Mine; Del Toro Silver Mine; Santa Elena Silver & Gold Mine; and San Dimas Silver & Gold Mine. The company was founded by Keith Neumeyer on September 26, 1979 and is headquartered in Vancouver, Canada.
Breakout or fakeout? Due to the rise of the silver price, this stock has broken out with a strong body candle. Will it sustain? We could expect another retest of this level, but many indicators are in our favor.
The volume speaks for itself, and the RSI has much room to the upside.
Overall the ROI is good considering the previous rally from this level.
Commodities bull breakouts: AG making move towards resistanceSilver starting to make it's move to breakout of consolidation and pullback and miners, esepcially the juniors really pushing hard up.... expect next move to test resistance line above.
