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jason_rpprt
Nov 6, 2023 10:58 AM

Potential Long on AG Long

First Majestic Silver Corp.NYSE

Description



AG is currently in a descending wedge with bullish RSI divergence. Wait for a break of upper trendline for entry, stoploss below last swing low. Will be moving SL to BE when safe to do so.

Comment



look for a pullback to support for entry.
Comments
ijustwanttomakeatrendline
looks like it's breaking out below the channel. I'm looking for some confirmation of the long term support line formed by the long term bottoms
jason_rpprt
@ijustwanttomakeatrendline, yes for sure will need confirmation. I am now looking to see a false breakout as that normally means a bigger move to the upside, long term support could be $4.30. Still just on the watchlist for me. Good luck
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