ASM 31RBull flag on ASM after breakout of consolidation pattern.
1:31 Risk to Reward ratio.
Targeting $4
Probably coincides with $50 Silver
ASM trade ideas
ASM - Strong Case for Reversal The descending curve is a bullish chart pattern called a descending scallop
Higher lows are also present within the triangle I have drawn
The breakout on this would be pretty aggressive and probably reach right back up to its starting point.
Looks like a crypto chart lol.
Weekly Chart.
ASM Long DZLong term Monthly downtrend but I found a small inside weekly uptrend that I will give it a shot It may have a little more potential to go up higher.
Avino Silver & Gold (USA: $ASM) Ready For Precious Metal Boom!⛏️Avino Silver & Gold Mines Ltd., together with its subsidiaries, engages in the acquisition, exploration, and advancement of mineral properties in Canada. It primarily explores for silver, gold, and copper deposits. The company owns interests in 42 mineral claims and four leased mineral claims, including Avino mine area property comprises four concessions covering 154.4 hectares, 24 exploitation concessions covering 1,284.7 hectares, and one leased exploitation concession covering 98.83 hectares; Gomez Palacio property consists of nine exploration concessions covering 2,549 hectares; Santiago Papasquiaro property comprising four exploration concessions covering 2,552.6 hectares and one exploitation concession covering 602.9 hectares; and Unification La Platosa properties, which include three leased concessions located in the state of Durango, Mexico. It also owns 100% interests in the Minto, and Olympic-Kelvin properties located in British Columbia, Canada; and 14 quartz leases in Eagle property located in the Mayo Mining Division of Yukon, Canada. The company was incorporated in 1968 and is headquartered in Vancouver, Canada.
$ASM fireworks soonASM is nearing the apex of a symmetrical triangle while holding 10% above its 200 day EMA since January of this year. I see a lack of oversold conditions while the stock is within a consolidation pattern. With precious metals prices resuming their uptrend (or so that is my opinion) the evidence weighs more heavily towards higher prices than lower.
**I am long $ASM**
Super tight rangeBollinger bands are showing volatility has died right off. The last two times this happened were followed by a big pulse up.
Price is still hovering just below 50-day EMA but a break above this level could be enough to set off a nice breakout, but be careful of the fake-out like in May.
cheers!
$ASM, making moves to $1.75+With the stochastic crossing up in the oversold zone, today's strong candle breaking the bearish trend, the RSI breaking its resistance and the pattern of staying in the upper bounds of the bollinger bands we think this will go past $1.75, we might hodl past $2.
$ASM Avino silver gold mining stock 1.34-1.84$Buy moment 1.34-1.40$ sell moment 1.78-1.84$. Earnings are coming and due to collaborations between silver and EV battery market I see the target happening well before April. Has already a nice run but still looks stable. I still see a potential gain of 0.40$. Also a very popular one for the SilverSqueeze guys.
Silver Miner’s retail investor-Fueled SurgeSilver-exposed stock $ASM climbed early on Monday, after a surge in retail trading pushed the price of the precious metal to an eight-year high.
Silver has rallied in recent days as some users on social media have seemingly turned their attention to the metal.
“What we don’t know is exactly how this is happening,” said Markets.com analyst Neil Wilson. “Clearing out of shorts by worried hedge funds, retail-driven bid, ETFs flows driving the physical market, smart-money front-running the trade, or a combination of all these,” he added.
The surge came after the dual-listed miner, which has a silver operation in Mexico, disclosed last week plans to sell up to $25 million of newly issued shares into the U.S. market.
Exactly what kinds of investors are behind the current run-up in metal prices and silver-exposed stocks is uncertain, but clearly opportunities have arisen.
A number of posts on the WallStreetBets forum advocated buying silver, while #silversqueeze has also been trending on Twitter. However, many posts also argued against the trade.
“The issuer community will flood the market with capital raises, particularly the U.S.-listed ones who can access the superior liquidity with ‘at the market’ equity issuances,”
www.barrons.com
finance.yahoo.com
#silver #gold looking for the breakout hereAppears to be setting up into a symmetrical triangle. Which also verifies can go either bullish or bearish on breakout.
$ASM is gonna fall todayPupm&Dump trading strategy idea.
$ASM is rising too much today.
The demand for shares of the company looks lower than the supply.
This and other conditions can cause a fall in the share price today.
So I opened a short position from $1,86;
stop-loss — $2,08;
take-profit — $1,42;
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
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ASM Penny Stock Alert UpdatePENNY STOCK ALERT UPDATE
$ASM - Avino Silver & Gold Mines Ltd. Common Shares (Canada)
Initial Alert Price: $0.94
Price High: $1.25
% Gains/Losses: 32.98%
(+14% More Than Expected)
Potential Stop Loss: $1.1875
#Breakout #Stocks #Trading #Investing #Alerts #StockMarket #Daily #News #Today
ASM Penny Stock Alert UpdatePENNY STOCK ALERT UPDATE
$ASM - Avino Silver & Gold Mines Ltd. Common Shares (Canada)
Initial Alert Price: $0.94
Price High: $1.32
% Gains/Losses: 40.43%
(+21.43% More Than Expected)
Potential Stop Loss: $1.25
Our initial update stated that we were leaning more towards the sell side with ASM, but the stock continued to run another 10% since our last alert update for a total 40% return on investment from our initial alert. The stock is showing some momentum with nothing but buying volume since today's session opened. The stock is currently on track to retest its 52-Wk Highs of $1.49 where currently resistance sits. We would like to notate that the $1.49 was previously the levels of resistance back in 2018, so if the stock can bounce above and find support, then the stock will begin trading back in the $1.50-$3.00 Price Ranges that it once did between 2016 and 2018. #Breakout #Stocks #Trading #Investing #Alerts #StockMarket #Daily #News #Today
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ASM Penny Stock Alert UpdatePENNY STOCK ALERT UPDATE
$ASM - Avino Silver & Gold Mines Ltd. Common Shares (Canada)
Initial Alert Price: $0.94
Price High: $1.14
% Gains/Losses: 21.28%
(21.09% More Than Expected)
Stop Loss Limit: $1.08
Looking for a 15% Swing Trade on ASM after the most recent consolidation has created a Descending Triangle for the 2nd time in the past 60 days. We're hoping to see the stock breakthrough the $1.12 Levels and find levels of support above the current resistance to begin retesting the $1.46 6-Month High. #Breakout #Stocks #Trading #Investing #Alerts #StockMarket #Daily #News #Today
Follow for more trade alerts and information & register your account for Instant Alerts by clicking the link in our signature.
ASM Penny Stock Alert UpdatePENNY STOCK ALERT UPDATE
$ASM - Avino Silver & Gold Mines Ltd. Common Shares (Canada)
Initial Alert Price: $0.94
Price High: $1.14
% Gains/Losses: 21.28%
(21.09% More Than Expected)
Stop Loss Limit: $1.08
Looking for a 15% Swing Trade on ASM after the most recent consolidation has created a Descending Triangle for the 2nd time in the past 60 days. We're hoping to see the stock breakthrough the $1.12 Levels and find levels of support above the current resistance to begin retesting the $1.46 6-Month High. #Breakout #Stocks #Trading #Investing #Alerts #StockMarket #Daily #News #Today
Follow for more trade alerts and information & egister your account for Instant Alerts by clicking the link in our signature.
New CycleThis share has just started a new trading cycle since early this year. Price could rally to the next following four years. However, in long term view this share is a sideway with price whipsaws on weekly view. For short term four years trading cycle, there was significant buy breakout on May, breaking a strong trendline TL1 followed by a Golden Cross in weekly timeframe. Additionally, this share has recently made a strong recovery since August and breaks another strong daily downtrend line this week coincides with a positive divergence sparked on MACD histogram. Holding long may place a trailing stop at 1.05, and a new long position can be executed at current level cautiously with a nearest stop loss level at 1.05. We would be cautious on resistance overhead at 2.2 to 2.5 if the price is unable to penetrate significantly higher.
Disclaimer the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
$ASM Avino Silver & Gold Trade Setup
potential long developing on a break above the 50MA and daily resistance @ $1.13
Bullish break from downtrend complete
Upside targets as per resistance level.
May require some volatility in large caps to get the small commodity stocks rallying
Avino Silver & Gold Mines (EXITED)Nice swing trade i'd say. I really didn't pick up much and I didn't care, I just didn't want to get a lost so I took a small change to do a small change return.. No super hero thing, just a good placed trade.
#InvestSmartWAAS
#AvinoSilver
#AvinoGold
#TradeSafe
AMEX:ASM
Breakout above 200 week EMABullish megaphone reversal pattern with RSI divergence and increasing volume.
Similar looking breakout to the one in 2010
$ASM Avino Silver & Gold Mines Ltd. 25% upsideAvino Silver & Gold Mines Ltd. engages in mining and exploration activities. It focuses in silver reserves in Durango region of North Central Mexico. It operates through the Silver, Gold, and Copper segments. The company was founded on May 15, 1968 and is headquartered in Vancouver, Canada.
Avino Silver & Gold Mines $ASMPicked up a few shares with them...
Very simple, Im liking how EVERYTHING looks these days but of course waiting on the SUPER NOVA to kick in but its not like that... I have to take my gains and be humble. I hope your doing the same too and cutting your loses quick and not being risky either to keep your account steady....
So from $ASM and $ECOR, I'm going to wait and see what happens before adding any more positions...
#TRADESAFE
#INVESTSMARTWAAS
AMEX:ASM
