StefanDino-Guida

AG LONG POSITION

Long
StefanDino-Guida Updated   
NYSE:AG   First Majestic Silver Corp.
AFTER BREAKING THE 38.2% FIB AND SLIDING INTO ICHIMOKU BEARISH TERRITORY WE HAVE 2 POSSIBLE ENTRY TARGET.

LOOKING TO ENTER AT 10.76 AND 8.78.

BUY HALF OF YOUR POSITION AT THE 10.76 PRICE POINT AND WAIT TO ENTER AT THE 8.78 MARK WITH THE OTHER HALF.

IF 8.78 IS NOT REACHED AND YOU SEE UPTREND MOMENTUM BUY AROUND 12.00.

AT 17.20 UNLOAD HALF OF YOUR POSITION. IF YOU ARE NOT CONFORTABLE WITH ANY MORE RISK THEN UNLOAD 100% AND WAIT FOR THE NEXT BUY OPPORTUNITY.

IF CONFORTABLE WITH MORE RISK THEN WAIT TO SEE IF TARGET 2 IS REACHED AND IF THERE IS STILL UPWARDS MOMENTUM EXPECT TARGET 3 AT 23.81 PRICE POITN AS YOUR FINAL GOAL.

Trade active:
Time to go ALL IN. We have hit the 61.8% FIB and the 1 hour shows a steady hold. Wait for tomorrows trading day to show some consolidation or upward momentum and buy all in for a ride up for the rest of the year.
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