EDVEndeavor Mining recently broke three intermediate highs . Share buybacks in play . Look for consolidation or pullback to enter long .
EDV trade ideas
Potential for breakout from downward trendMonitoring price development to confirm breakout from downward trend.
EDV LONG OR BUY TARGET UP TO $60The EDV "SHS" pattern (month frame) is confirmed, target is $ 56- $60 and expected time is 3-5 months.
EDV buy : $32 - $33
EDV target : $56 - $60
Stop loss : 15% .
Note that the month pattern will take a long time and is only suitable for long-term investment.
A MONSTER INVERSE HEAD AND SHOULDERS. BREAKOUT CONFIRMED.This is a monster H&S , it took 12 years to complete and it is finally done, breakout confirmed. Silver is a hot precious metal now, rally just started.
Bullish on Endeavor Mining on fundamentals and Technicalls Endeavour Mining continues to build out a massive multi-year base, and seems to be finally changing its character with a bullish bias.
The company has responsibly grown their production by over 100% since FY-2013, and is expecting to see another 20% bump in production by FY-2021.
Endeavour's exploration efforts have yielded great results, with the most recent proof of this in their updated resource estimate at the high-grade Le Plaque Zone within their Ity Mine. SOURCE Seeking alpha
AVERAGE ANALYSTS PRICE TARGET $33
AVERAGE ANALYSTS RECOMMENDATION BUY
P/E RATIO
SHORT INTEREST
COMPANY PROFILE
Endeavour Mining Corp. engage sin the mining of gold. It operates through the following mines and projects: Agbaou, Ity, Houndé, Karma, and Tabakoto. The company was founded by Neil Woodyer in 1988 and is headquartered in London, the United Kingdom.
