EJD trade ideas
Endevaour Silver MineContemplating about opeining a position in that silver mine.
Green line is estimating the future price movements, midterm about to 6 months time period
We could get even more.
Since seasonal major movements have nearly started, silver and gold as well
We could triple our investments in this thing. minimum tripling.
I'll be commenting into that idea, if I opened a position into that silver mine. But its very likely.
See ya at the top folks
Buy Endeavour Silver Corp. up to 3.20 USDAnother silver stock that I really like and that I have already recommended in the past is Endeavour Silver Corp.. Although Endeavour had some issues in the last couple of months I continue to believe in Bradford Cook and his team. Endeavour was one of the best performing silver stocks in the first half 2016 and should offer massive leverage in a new silver bull market.
Technically the stock as corrected back to the 61.8%-retracement around 2.80 USD and is running into a bullish wedge. With a stop loss at 2.60 USD and a 1st profit target at 5.90 USD this idea has an initial risk/reward ratio of 1:7.
Buy Endeavour Silver Corp. up to 3.20 USD (NSYE: EXK)
Place a stop loss at 2.60 USD
First profit target 5.90 USD
Timeframe 6-12 months
Risk/Reward 1:7.7
