AG First Majestic Silverclear break of the dtl.
target: test of the next dtl about $14,8.
RSI positiv.
AG trade ideas
My trade plan for AGsilver had been languishing for a while.
Opportunity to enter long for a 1-2yr timeframe will present itself, riding on the back of a commodity resurgence
First Majestic ($AG) to $28 (113%)1. Silver market in supply shortage
2. Inflationary environment
3. Store of value and key to green revolution
AG LONGDear gamblers,
Seems that AG has retraced enough. We open long right at 12.33 USD with stop loss at 10 USD looking to target 40 middle term.
Silver is a "commodity" that attracts me because of its scarcity and industrial need for batteries.
Let's see if it plays out.
** This is not financial advice, do your own research before risking money ***
Kind regards,
AG10.8.21 AG Bobby's Homework Part 2 ............................................................................
AG gold maderna U10.7.21 AG gold maderna U; Bobby's Homework Assignment : Look at AG ( first majestic silver ) to add to portfolio ; listen to the review.
AG FIRST MAJESTIC$AG #silver Daily - Bearish Buying zone between $10.19 all the way down to $9.38 IMHO silver is not done correcting yet. Final blow is coming, range between $19-$21
One more leg down ;(Looks like we have a good possibility of one more leg down to the 9's. Any time the majority see a sure thing the likleyhood of max pain is on the table. Bull market reminder, the greater the pain on the downside the greater the ATH.
AG breaking important support on my trendlines.. a couple outcomes for AG here, if spy continues bearish/it holds this downtrend channel thats very tight than it can bleed slowly and continue to TP 2 and possibly lower. but if we break back over the longterm trendline support which is now resistance. then we can build off that and continue higher. lets not be perma bulls or bears. trade whats in front of us and do what we can. good luck! please like and follow for more ideas. <3
MARKET ALPHA OPTIONS WATCHLIST - AGNYSE:AG
A large option play came in yesterday where 1,500 option contrats where purchased for the price of .10.
The buyer may be seeing the same kind of cupping bottom pattern after a major sell off where the stock could look to rebound higher.
AG 4HR - Long Swing trade AG - 4HR overlapping Shark/Crab with similar PCZ - At the bottom of a range with smaller 1 hour patterns showing bullish divergence on RSI and MACD on the 4 HR and 1 HR time frames.
Technical analysis update: FMV (23rd June 2021)FMV has been trading within rectangle pattern for some time now. Currently, FMV has neutral trend and it oscillates between its support at 12.34 EUR and its resistance at 15.445 EUR. Neutral trend is reflected in low ADX value. Stochastics and MACD are bearish. However, RSI shows first signs of reversing to the upside. We think that mining stocks within precious metals sector are currently very cheap and attractive. We expect FMV to rise above its resistance and continue up as it coincides with our bullish forecast for gold. Because of that we would like to set medium term price target for FMV to 15.50 EUR.
Disclaimer: This analysis is not intended to encourage buying or selling of any particular securities. Furthermore, it should not serve as basis for taking any trade action by individual investor. Your own due dilligence is highly advised before entering trade.
#silver squeeze, its been a long time forming, will #PMinvestors get their moment to shine and say I told you so!
Opened a speculative long position today
#AG first majestic is a premier pure silver #mining play
AG We Started Buying Long @ 15 As Posted Now See Below We are now UP OVER 30% on our ITM calls we own from our previous post and adding on pullbacks. This is not an "Ape" quick fix but it is a 100% winner we think with the correct options ( leap calls itm ) This is not advice. #Silver #Gold
AG FIRST MAJESTIC$AG is making 2nd attempt poking its head above $18. Hopefully it hold this and the price is advancing Got #silver ?
First Majestic - Multiyear Breakout on Silver's Cult StockPrice is currently forming a pullback.
RSI and Stochastics are still bullish and in positive territory.
