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GannJourneyman
May 11, 2022 4:34 PM

First Majestic Geo Outlook Long

First Majestic Silver Corp.NYSE

Description

Overhead resistance is still looming overhead. Ideally, the lower red spiral channel holds and it bounces from roughly 7.77... Worse case price breaks geometry which 5.10 would be in play.
Long Range (5.10-7.77)
Look for 7/11/22 for a potential pivot looking at target levels.

Harmonic Pi as above so below with Giza and Tesla 😁
Comments
CrashBandicoot99
Appears to be headed to 5.00 ….hopefully that is the cycle low
CrashBandicoot99
Is the long term target 28?
GannJourneyman
@RocketFuel20, based on the price action we have here, yes.
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