The Hidden Signals in AG: A Silver Lining in Technical Patterns?Sometimes the market whispers before it roars. If you're watching First Majestic Silver (AG), those whispers just became a chant. In this post, I break down the technical patterns, potential numerology synchronicities, and trader psychology that could signal something big brewing for AG. Whether you're a skeptic or a believer, the confluence here is too compelling to ignore.
1. Descending Triangle (Weekly Chart)
Let's start with the macro structure: a descending triangle stretching all the way from Feb 1, 2021 to April 23, 2025. This isn’t just any triangle. Its base lines up perfectly with today’s breakout candle low, forming a multi-year support zone around the $5.90 - $6.00 range.
In technical analysis, descending triangles often resolve in the direction of the trend preceding their formation. Given that AG was in a downtrend from 2021 highs, this bullish breakout now marks a significant shift in sentiment and market dynamics.
2. Hourly Chart: Inverse Head and Shoulders
Zoom in to the hourly chart and we get a classic reversal pattern: Inverse Head and Shoulders.
Left Shoulder: April 12 low
Head: April 16 low
Right Shoulder: April 19 low
Neckline: $6.38 — previously tested and rejected
Today’s breakout through this neckline is textbook. If this plays out:
Measured Move Target: ~$8.00
Why $8? It’s the level where AG failed to break out on Oct 29, 2023, making it a key resistance and psychological target.
3. Cloned Triangle Geometry (Gann Vibes)
Here’s where it gets interesting. Clone the triangle and flip it vertically:
The tip touches both the April 4, 2011 all-time high and the March 16, 2020 COVID pivot low.
This implies a natural "mirror" or cycle echo—like Gann’s time-price equivalence coming into play.
Coincidence? Maybe. But technical setups with this much harmony don’t appear every day.
4. Numerology and Time Symmetry
I know this part might sound woo-woo, but bear with me:
Feb 1, 2021 to April 23, 2025 = 1,177 days, or just over 3.22 years
AG’s breakout candle occurred on April 24
April 4, 2011 = 4/4/11 → 4 + 4 + 1 + 1 = 10
March 16, 2020 = 3 + 1 + 6 + 2 + 0 + 2 + 0 = 14
Total = 24 → Today’s date again: April 24
Even the closing price of $6.22 gives us 6+2+2 = 10, echoing the 2011 ATH numerology.
Take it with a grain of salt, but these repeating patterns may hint at cyclical alignment.
5. Volume Confirmation
The breakout came with a surge in volume, confirming the move and reducing the likelihood of a fake-out. Coupled with bullish RSI divergence, this gives the technical thesis real legs.
6. Macro Context: Silver vs Gold
While gold consolidates, silver is trying to play catch-up. This rotation into high-beta silver names makes sense and AG, being a retail favorite and highly shorted at times, is perfectly positioned for explosive upside.
7. Options Play: December 2026 Calls
For long-term traders, LEAPS (Long-Term Equity Anticipation Securities) could be the way to play this:
December 2026 Calls
Strike Range: $7, $8.50, $10
Low premium, high convexity potential
Conclusion: Is This the Signal or Just Noise?
You don’t have to be a believer in numerology or market mysticism to appreciate the convergence of:
Triangle breakout
Volume surge
Inverse head-and-shoulders
Price symmetry
Historical pivot touchpoints
All signs point toward a potential trend reversal for AG. At the very least, this setup offers a high reward-to-risk swing opportunity. At best? You might just be witnessing the start of a major silver bull move.
What’s Your Take?
Do you see the same signals or think this is just coincidental noise?
Joel | The Accidental Retiree
"Retired. Sort of. But still trading like I mean it."
FMV trade ideas
First Majestic Silver Corp. (AG) – Shining Bright in 2025 Company Snapshot:
First Majestic NYSE:AG is emerging as a top-tier silver producer, with a strong focus on sustainable mining and community alignment. Operational discipline, paired with rising commodity prices and robust ESG scores, positions AG for long-term upside.
Key Catalysts:
Record Silver Output 📈
Q1 2025: 3.7M ounces of silver, up 88% YoY
Operational turnaround across four Mexican mines driving momentum
Efficiency gains enhance margins as silver prices rally
Silver Market Tailwinds ⚡
Rising demand for silver in green energy, EVs, and inflation hedging
AG is well-leveraged to price appreciation with a pure-play silver exposure
ESG Excellence 🌍
Ranked in top 20% of global miners by ISS
Strong ratings from S&P, Sustainalytics, and LSEG
$1.2M in community investments = 89% drop in local complaints—a key to operational stability
Strategic Appeal to ESG Investors 📊
Increasing alignment with institutional mandates for sustainable resource extraction
Low controversy score enhances potential for index inclusion and fund flows
Investment Outlook:
✅ Bullish Above: $5.75–$6.00
🚀 Target Range: $9.50–$10.00
🔑 Growth Drivers: Operational scale-up, ESG leadership, and tailwinds from rising silver demand
📢 AG: Where high-grade output meets high-impact sustainability.
#SilverStocks #ESGMining #AG #Commodities #PreciousMetals #GreenEnergy
$10–$15 in sight if base breaks (over the next 12 months)First Majestic Silver (AG) has been in a long downtrend, but signs of a bottom have started to form around the $5/$6 level. The recent stabilization and gradual upward pressure suggest that the stock may be building a base.
Analysts currently set an average 12-month price target at $7.86. However, if AG manages to break above this base structure, it could trigger momentum toward the $10–$15 range over the next year.
Silver prices remain a key driver. With rising interest in both industrial metals and defensive assets, silver could find tailwinds—and AG would likely benefit as a result.
While it is not making headlines, the setup is worth watching. Quiet accumulation often precedes meaningful breakouts.
First Majestic is about to move higher?My Take of First Majestic
The main reason why i am interested with First Majestic is the 3 month candle is closing above the RANGE (Blue Line) and above BREAKOUT (0 Line)
I am bullish on silver and First Majestic stock can give you good return in a short period of time
The reward is higher than risk, check RANGE INDICATOR (Green and Red line)
In my opinion, it's not as efficient as Silvercorp or Fresnillo, but it's in the mid-range. How many primary silver companies are efficient? Not many.
I wish it had gone to my entry level of $3.85 but i will buy more if it does.
The good thing is that it has positive Free Cash Flow last quarter.
AG (First Majestic Silver Corp) – 30-Min Short Trade Setup !📉🚨
🔹 Asset: AG – NYSE
🔹 Timeframe: 30-Min Chart
🔹 Setup Type: Bearish Breakdown (Ascending Triangle Failure)
📊 Trade Plan (Short Position)
✅ Entry Zone: Below $7.20 (Breakdown Confirmation)
✅ Stop-Loss (SL): Above $7.50 (Key Resistance Level)
🎯 Take Profit Targets
📌 TP1: $7.00 (Support Level)
📌 TP2: $6.42 (Extended Bearish Move)
📊 Risk-Reward Ratio Calculation
📉 Risk (SL Distance):
$7.50 - $7.20 = $0.30 risk per share
📈 Reward to TP1:
$7.20 - $7.00 = $0.20 (1:0.67 R/R)
📈 Reward to TP2:
$7.20 - $6.42 = $0.78 (1:2.6 R/R)
✅ Favorable Risk-Reward Ratio toward TP2
🔍 Technical Analysis & Strategy
📌 Ascending Triangle Failure: The price is losing momentum, failing to break out higher, indicating a bearish shift.
📌 Resistance at $7.50: A key level acting as a rejection zone.
📌 Support at $7.00: A break below this increases bearish pressure.
📌 Volume Confirmation Needed: Look for increasing selling volume below $7.20 for confirmation.
📉 Trade Execution & Risk Management
📊 Volume Confirmation: Ensure strong selling volume below $7.20 before entering.
📉 Trailing Stop Strategy: Move SL to break-even ($7.20) after hitting TP1 ($7.00).
💰 Partial Profit Booking Strategy
✔ Take 50% profits at TP1 ($7.00), let the rest run toward TP2 ($6.42).
✔ Adjust Stop-Loss to Break-even ($7.20) after TP1 is reached.
⚠️ Risks & Considerations
❌ Fake Breakdown Risk: If the price reclaims $7.20, exit early.
❌ Confirmation Required: Wait for a 30-min candle close below $7.20 before entering.
🚀 Final Thoughts
✔ Bearish Setup – Strong downside potential.
✔ Momentum Shift Possible – Watch for selling volume confirmation.
✔ Favorable Risk-Reward Ratio – 1:2.6 toward TP2.
💡 Stick to the plan, manage risk, and trade smart! 🚀📉
🔗 #AG #NYSE #ShortTrade #TradingView #ProfittoPath 💰📊
Long Thesis on First Majestic Silver Corp. (AG) – Target: $6.50Long Thesis on First Majestic Silver Corp. (AG) – Target: $6.50
Why Long?
Silver Market Strength: Expected Fed rate cuts and a weaker USD could drive silver prices higher.
Industrial Demand: Growth in green energy (solar, EVs) supports long-term silver demand.
Operational Recovery: Improved production efficiency and cost-cutting at key mines enhance profitability.
Earnings Catalyst: Potential beat on Q1 results due to higher silver prices and cost optimizations.
Conclusion
AG is positioned for a rebound with strong macro and operational tailwinds, targeting $6.50 in the near term.
First Majestic ** this chart lingers on my mind a lot **
IF , we get to see another 1929/2008 type financial disaster .
Come back to this chart , please .
First majestic ( almost all silver miners ) performed extremely well .
IF , this scenario plays out .
I expect a 1/2 repeat of this run . Target +100$ . ( depending on how much silver appreciates ) . With basel regulations for paper : physical requirements . Etc
nfa
AG making SILVER the next GOLDTicker: AG
Key data:
* Market cap: $2.2b
* Dividend yield: 0.25%
Execution metrics:
* Entry: $7.30
* TP: $8.09
* SL: $5.61
Profit paths:
* Buy shares at market open
* Nov8 $7 call
Technical Support:
* Money flow: Positive
* POI: pivot point
* Justification: Closing higher. Failed to break support. Fresh supply to test above
Fundamental Support:
* Analyst 1Y target: $7.25
* Next earnings: Nov 7 2024
* Justification: strong YoY revenue gains, short term and long term assets > liabilities
SILVER SHORT via AG (WORST RUN MINER IN THE GAME) FUNDAMENTAL
- Price of Silver aside, AG is an incredibly poorly run miner. From mass share dilution to disastrous acquisitions I can not think of a more poorly run company. The stock price speaks for itself... sitting near the lows of the year despite silver at recent highs.
SILVER
- Silver has been behaving very weak in relation to Gold. Unless we break out above 31.50-32.50 I see Silver continuing to be range bound at best. There are many reasons for this. Mainly indications from strong correlations that I will not mention (secret sauce).
TECHNICALS
- The price is at a solid supply level (6.20) and has already began dramatic impulses to the downside at any hint of Silver rolling over. In addition we have divergence on the RSI.
DISCLAMER: No Neumeyers were hurt in the making of this post
My TOP10 picks list in (Silver & Gold) Mining companies 2/10Now that cryptocurrencies are taking a breather and that GOLD is making new ATH after new ATH, it is time to come back to my list of Minining Company Picks.
First Majestic has 2.4 B MarketCap and is a mostly pure silver producing Blue Chip Mining Stock.
First Majestic Silver Corp are a silver focused emerging major with four producing mines in Mexico and USA, one mine in development in Mexico and three exploration properties. Currently they produce roughly 22.0Moz. of silver per year. They have approximately 630Moz. of silver in the reserves.
The technical set up of this stock looks truly amazing: after breaking down of the rising bullish wedge, has been forming a bullish wedge for 3 years. Recently it broke out of this bullish descending wedge, backtested the brekout and formed a bullish hammer on the 6M (halph year chart) !!!
I cannot overstate how bullish this set up looks to me !!
First Majestic Silver is one of my biggest Mining Positions in my portfolio. There is no doubt in my mind that this stock will trade into triple digits in the following years !!