ToddGreen
Short

AG First Majestic Silver Corp, Down before up?

NYSE:AG   FIRST MAJESTIC SILVER CORP
Keep it simple.

I drew a yellow brick road to the next target zone. This is a 2 to 3 month play.

We have sell signals, no buy signals, with momentum even still bearish .

I dont want AG to drop to here, but I just read charts and drop emotions.

Were at the top of the wedge , with the Ichimoku turning bearish .

The bottom of the wedge is a long term support line and great value area.


Happy Trading, debating and speculating.

Check my other charts as well!
Trade active: Heres a update with ADDED sell zone area which I believe we could be in now, and also added 2 more yellow brick roads to watch for a pullback at in the wedge.

Trade active: had a semi false breakout back into my sell zone. still waiting on pullback for a bounce.
Comment:
Trade active: seems to be playing out just as i thought, heres a update closer look. I love that play button.

if you havnt seen my other charts, they are all accurate to a crazy degree as well.

Comment: i mean look at that yellow brick road respected.

Nothing else to say here.

Trade active: that call was spot on. looking for a small bounce here before reaching final buy zone. small bounce labeled in purple dots.

we have buy signals, and momentum positive, lets see.

Trade active: seems like we may be bouncing through the new years, since we didnt really crash too hard last year, precious metals should spike.
Overshot by a bit...maybe up from here
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Thank you for the feedback. I'm so new to trading I truly appreciate you taking a look. I'm going to buy some today. Thank you so so much for looking at AG ;) I'll keep you posted how it turns out. LOL
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ToddGreen DonnaSko
@DonnaSko, i could see it making a small pull back to the 5.50 area, but I play bounces alot so holding might not be the case as time goes by. This has reached a very decent area for a longer holder though. dont stare at the charts lol, GG is a good gold one, with dividend , at a great area as well.
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DonnaSko ToddGreen
@ToddGreen, Thanks @ToddGreen It seems like you are watching me thru my computer - LOL I do stare at the charts, kinda hoping that they will literally speak to me ha ha. Thanks for GG too. I will take a look. Did you do a chart review for GG? Thanks
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ToddGreen DonnaSko
@DonnaSko, yes, look through my chart ideas youll see it
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DonnaSko ToddGreen
@ToddGreen, Thanks
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I'm looking to buy AG. You were dead on correct about the pullback. I think it's still too early but AG is on my watch list. I'm thinking of waiting until AG hits around $6.05 to go long. I'd appreciate your current thoughts on AG. Thanks and have a great day.
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ToddGreen DonnaSko
@DonnaSko, now is a good time, we have some heavy bullish indicators. why would it be too early? its already hit the 5 mark, its not going back to pick you up lol. not legal advice of course. this is a good portion of my portfolio along with GG and NIO
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yea, this chart was perfect. im seeing a bounce from this final sell off.
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got there pretty quickly...hopefully up from here
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