Highly likely that AG has seen the bottom and is now climbing the wall of worry in a choppy way before trend is commencing. Expected path outlined on chart.
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My ALT count targets the same area as (III) but then a more drastic turn... So, after point 3/C is reached, I leave this to nature.
Trade active
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Bought Call options maturing Jan 2019.
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Approaching zone for trend alteration... :)
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Crushed through resistance. Now, With taking out the previous high, it is all set for a Nice rise. And most will miss the Nice ride. Like always in markets.
Hi Viking, have you done any work on the price of silver? As you know First Majestic is a growing silver producer and the main driver of it's price is the price of silver.
UnknownUnicorn540299
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@Sobriquet77, Unfortunately not. But it's only a question of time before silver consolidation ends
RossDrennan
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Nice! I have a few $15 Jan 2019 calls. We’ll see if it works out! I’d like a reversal in silver at this level.