Get started

FSM

FSM a silver junior miner poised to profit on silver's momentum FSM is on a 30-minute chart. The trade idea is that FMS suffers in drops in spot sliver but thrives when spot silver rises as its fixed expenses in mining allow for increases in margin in a curvilinear fashion when spot silver rises. This is more so than a senior miner such as FCX that moves slower when metal prices rise or fall. I see the quick geopolitical dip in spot silver as an opportunity to pick up junior miners ( including GDXJ the ETF) at a discounted price to be held for spot silver recovery and then averaged out for realization of profits.
NYSE:FSMLong
by AwesomeAvani
EXK will run as long as silver moves higher LONGEXK is a junior miner. With fixed expenses in its mining operations for the most part, margins rise dramatically when silver is rising and the opposite is likewise applicable. This is the crux of using junior miners as a means to profit from trending in precious metals. As a penny stock EXK has hieghtened volatility as compared with Barrock Gold or the GLD ETF. there are other junior miners. EXK has added 40% to its market cap in two weeks. Until the momentum of spot silver fades, EXK will continue its momentum. I will add to my long position here and fortify the call option position as well.
NYSE:EXKLong
by AwesomeAvani
4
NGD - a gold mining penny stock is bullish LONGNGD on the highly reliable monthly chart has signs of bullish momentum including a cross over the POC line of the volume profile,a monthly volume bar over the running mean for the first time in two years price crossing over the mean anchored VWAP and both the trend and the momentum indicators making reversals. I will open a long trade of both shares as well as a lot of call options for mid- November striking OTM at $ 1.50. This junior miner stands to gain earnings when gold prices rise proportionately more than established global mining operations. My target is 3.5 just under two standard deviations above VWAP. I will take off 1/3 of the position at 2.7 at the first standard deviation above VWAP in best practices for risk management.
AMEX:NGDLong
by AwesomeAvani
EXK ffalling wedge breakout after silver mining earnings LONGEXK is a silver mining company with operations in USA Canada and Mexcio. On the daily chart, it has been in a falling wedge for more than six months. The earnings report was a 40% beat on earnings and 2% on revenue. Price broke above the wedge one week earlier. The price action has been supported by higher volumes. The Price Momentum Oscillator and Relative Trend Index indicators provide further documentation of the bullish momentum. I will initiate long trades of shares and call options here. I am targeting 3.5 for 40% upside. I will take off 1/3 of the trade upon reaching 3.0 and convert the stop loss to a trailing 5%.
NYSE:EXKLong
by AwesomeAvani
Love The Upside! - Fortuna Silver Mines Inc <FSM>Going into the Earnings report on August 11th, I think we will have a great bullish swing with tons of upside, ex. going from 4.10-ish to the 5.90 level at a minimum, and potentially even higher depending on the news. The company has been struggling in the last few years yet now is dishing out a ton of positive news about their ventures and the scale of their operations. Quarterly financials show that they are looking to have stronger financials than they have in the last 3 years... I think this offers a lot of growth for an otherwise currently undervalued player in the space! If the results however are much more negative than expected, I could imagine a lowering down to $2.85-ish at the lowest, before we will hopefully get a lot more support for another bullish move back to current levels and beyond, perhaps around $5.00. Either way, if you are looking for a nice little swing play with the potential for a 20-50%-ish upside depending on the outcome of the next earnings report, and also don't mind holding for a few months to see where we go, then this opportunity is likely to be for you!
NYSE:FSMLong
by JJForMayor
Higher lows, and proper exposure to silver spot price!Potential gain:30% Reward/Risk:3.3 Timeframe: 1-6wks I always try to present the charts in a simple comprehensive format to prevent any confusion. This is just my technical view, neither a fundamental comment,nor a recommendation to trade..! Please review my track record and calculate the odds for yourself..! You’re likes and comments encourage me to continue this. Stay tuned great live stream and quality content videos coming soon..!
NYSE:FSMLong
by Moshkelgosha
1
FSM fortuna silver mines in accumulation?I see 2 possibilitys here either fortuna is under a accumulation or redistribution i know this may seem like a redistribution theres a chance this was a terminal shakeout if we creep up back into the prior tradingrange that would be utterly bullish. This stock seems to be in weak hands hence the possibility for a shakeout. Whether direction it goes we should be prepard for both ! Incase its in redistribution it could drop 50% Incase its accumulation it has a upside potential of a whopping 80%
NYSE:FSM
by UnknownUnicorn942585
2