UnknownUnicorn540299

AG: Long for 10

Long
NYSE:AG   First Majestic Silver Corp.
9
43 % potential.
Comment:
4 %. 39 to go.
Comment:
Still on track :)
Trade closed manually:
Was fortunate on this one and closed at earnings report with a small profit, but forgot to update the idea.

This chart shows that taking positions at lower edges of wedges and placing stops right below and then move to BE reduce positional risk to a minimum.

AG missed on earnings and got heavily punished.
Comment:
Comment:
Currently price is at support at 6.10-6.20 range. If 6 is broken down, there are risk of going below 5 to 4.7-range.
Comment:
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.