AG First Majestic Silver Corp, Down before up?

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.