CDE OutlookLast leg up to 8 USD
Crash to 3.5 USD due to recession
Then a moooon
- Idea - Not financial advice
CDM1 trade ideas
Coeur Mining Inc. (CDE) - Bullish Rectangle Continuation PatternAnalysis:
Chart Pattern:
Coeur Mining Inc. (CDE) is currently forming a Bullish Rectangle Continuation pattern, indicating potential for an upward breakout.
Support and Resistance: The stock is consolidating between defined support and resistance levels.
Breakout Potential: A breakout above the resistance level could lead to a significant upward movement.
Target Price: The target price can be estimated based on the height of the rectangle.
Stop-Loss: Set a stop-loss just below the support level to manage risk.
Fundamental Overview:
Revenue (TTM): $846.97M
Net Income: -$108.14M
Total Debt: $593.83M
Current Ratio: 1.00
Conclusion:
The Bullish Rectangle Continuation pattern suggests a potential upward breakout, making Coeur Mining Inc. a promising candidate for short-term gains. However, investors should consider the company's current financial challenges and set appropriate risk management measures.
Investment Note:
Trading stocks inherently involves risks. Carefully consider your financial situation and investment goals before making decisions.
CDE short ideaSell short here with stop loss just beyond today’s gap fill. The rising wedge broke down and snapped back in an attempt to fill the gap. Once the H&S top breaks out and fills the gap below the neckline the min. target is $2.90.
Then it’s time to start thinking about switching to long positions again with a stop loss just below.
CDE updateSilver is about to get clobbered to the downside. The new head and shoulders top looks ready to get confirmation shortly with a right shoulder rising wedge formation. Min target $2.60 should the neckline breakout occur.
Should this come to fruition, an excellent buying opportunity will present itself.
CDE H&S top update with 2 targets Two head and shoulders top formations are seen here with the second formation not yet confirmed with a breakout. Todays price action suggests the more bearish H&S formation with min $2.60 target is the correct call with a rising wedge seen during today’s rally to for a right shoulder.
Should this call come to fruition, it would be a great opportunity to switch short positions to longs for what should be the beginning of the next leg in a secular bull market.
Breaking of trendline and Silver correlation on CDECDE has broken out of a descending trendline with volume and a good movement on the upside: Historically it has been highly correlated with silver price, Silver already reached its previous recent high while CDE seems lagging, 10$ seems to be a realistic target. If silver breaks out of its range and goes to 40$ this stock could easily go to 15$.
COEUR Mining 35% create a bearisch BADCOEUR Mining, technically very clean up to this point. A major upward movement is currently underway. The end point of this rising wave is the entry point of a bearish BAT. Can be traded very well via the support and support. In the long term, this is also a position to hold.
3 trades x1 to HOLD, x5 TP1, x3 TP2
CDE may pump CDE has a potential for a decent pump.
Potential higher low on weekly time frame
Looking for a target at 7,37 $
112 % to be made
Couer Mining 1.20.23Appears to be putting in a bottom of reaccumulation. Looks like it could be a real rip roaring rally as it looks like one of those shitcoins that has been forgotten about. Aggressive move to the top of the range to blow out shorts I would expect and ensure max pain is felt by all participants
Bearish Channel It is what it is. $2.01 as a target would make sense. That could be an amazing buying opportunity.
CDE Triple Bottom MonthlyTriple bottom and the monthly chart is always a low-risk entry point but not perfect so use stops.
CDELONG-TERM: Falling wedge breakout, support bounce, 4hr descending broadening wedge, weekly triple classic bullish divergence. (not financial advice)
*tailoring position sizes for looser stop is important
Weekly chart. Finally finding support on the Fib? currently hovering just below 4.50. speculative idea to go long at this point if it finally finds support around this level. Possible end of deep wave 2 correction. Any close below 4.10 negates this and would be a stop loss position.
$CDE - MINING PLAY BREAKOUTCDE is yet another example of a mining name that hasn't been found yet but is working on a major breakout.
Coeur Mining, Inc. explores for precious metals in the United States, Canada, and Mexico. The company primarily explores for gold, silver, zinc, and lead properties. It holds 100% interests in the Palmarejo gold and silver mine covering an area of approximately 67,296 net acres located in the State of Chihuahua in Northern Mexico; the Rochester silver and gold mine that covers an area of approximately 43,441net acres situated in northwestern Nevada; the Kensington gold mine comprising 3,972 net acres located to the north of Juneau, Alaska; the Wharf gold mine covering an area of approximately 3,243 net acres situated in the northern Black Hills of western South Dakota; and the Silvertip silver-zinc-lead mine comprising 97,298 net acres located in northern British Columbia, Canada. In addition, the company owns interests in the Crown and Sterling projects located in southern Nevada; and the La Preciosa project located in Mexico. Further, it markets and sells its concentrates to third-party customers, smelters, under off-take agreements. The company was formerly known as Coeur d'Alene Mines Corporation and changed its name to Coeur Mining, Inc. in May 2013.Coeur Mining, Inc. was incorporated in 1928 and is headquartered in Chicago, Illinois.
LOOKING FOR THE MOVE UP IN SILVERIn this setup, we're seeing:
1. Huge stopping volume
2. Bullish divergence on RSI / MACd
3. Retrace of key Golden Ratio levels
4. Inflation
I'm not looking at any fundamentals, this is purely a technical setup.
Good luck.
DIVERGENCE + RETRACEOnce again, a strong selloff in this company provides an interesting long opportunity.
Trade well friends.
Khan's Swing-Trading Idea - KW 48 - Play #2 - $CDEHedge-Play
Dropped in a good spot (for a Starter). I am already in a mid-size position I would like to expand if it drops more.
good upside potential, if you buy the dip enjoy gains :) 10% upside potential if it breaks downtrend (green line), buy the dip and join the trip.
CDE Target $9see chart
Website: www.coeur.com
Founded: 1928
Sector: Basic Materials
Industry: Gold
Full Time Employees: 1,959
Next Earnings Date: 2021-10-27
Target high: 14 USD
Target low: 9 USD
Average: 10.31 USD
CDE distribution phase Looks to be in a distribution phase at the moment and just had huge selling volume on Friday might look good to take a short position if I see it break below all these support levels. gna be watching for a breakout though
