**UPDATE**My earlier post aged pretty well in my opinion if you held on for the ride. As you can see we have established a bottom broke through the green level creating a new support. We also climbed through the yellow resistance and are re-testing that level. We got stimulus talks ahead, and don't forget dividends expected next quarter!
I see this puppy for certain reaching red resistance but if we break through that I added a trend line that you see labeled MAJOR Resistance dating back to 18' 19'.
FMV trade ideas
20-50% Profit Potential : SilverThere may be a short term retracement/consolidation period before moving to the upside but period should be limited due to elevated short float.
Trade: Active
Entry: 11.37
Stop: 9.09
Target1: 13.64 (50% of Position)
Target2: 17.04 (25% of Position)
Target2: 20.45 (25% of Position)
Personal Log
AG potential upcoming buy opportunity As per the Chart
Abbreviations;
ND=No demand
NS= No supply
DW= Demand Wave
RFSB= Resistance from Supply Bar
SFDB support from Demand Bar
SLK= Stop Loss killer
SLKB= Stop Loss Killer Bottom
DB= Demand Bar
SB= Supply Bar
EVRB= effort vs Result Bottom
My Mentors and Inspiration
Volume Analysis - Oleg Alexandrov (Tradingview name: Chartreadingpro )
Money and risk Management - Dmitriy Lavrov