EDR trade ideas
10-24 EXK Chart (by Got Goldies)So as things evolve u can make decisions. Coming up for a double bottom chance.
EXK Consolidation may be overI just bought 640 shares at 2.20$
I see a completion of a large AB=CD wave and a strong daily close today confirming bottom.
09-20 EXK Chart (by Got Goldies)Exk is toast. Below the support line and retraced and in a down channel.
08-29 EXK Chart (by Got Goldies)Now i have to refine this chart to coincide with the correction... of OCt, and Jan, and July of next year.
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
08-04 EXK Chart (by Got Goldies)Now you can get an idea.. wrap your head around this.
My plan is trade 3000 shares into CDE at $4. So when EXK bottoms out at $1.70.. CDE is $4. So I want to be out at $3.20.. And then see what DRD is doing.
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
