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MikeMM
Jul 13, 2023 12:45 AM

Locked and loaded Long

First Majestic Silver Corp.NYSE

Description

It is hard to look at this chart and not take a position. I wish I saw it yesterday... We just sprung off major support.. Anyway, maybe we get a pullback, I will jump right in.

Otherwise... I guess I missed out.

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AG vs SPX bottomed AS FUCK

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Weekly MACD showing bullish DIV

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What I would love to see, mostly because I didn't get in yet :P

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I mean, pullback plz? lol.

Anyway... no pullback and no entry for me, even though I am very convinced this is heading astronomically higher.

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still waiting. Would like this outcome here I will add a position. Otherwise I will stay stubbornly out, sidelined.

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Glad I waited. Now is the hard part, where does it stop?

I would give it a shot at the 886 completion of the miniature harmonic.

I do have a few doubts, and think we may wee 4.95 ish.

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If we bounce here (it is indeed a support currently) then i expect a retest, kinda like this.

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I would imagine the 4 hour RSI will go oversold before a bottom is in.

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What would be really nice, is weekly bullish div on the macd if we put in a lower low here...

that would be perrrrrrrrfect.

3 drives of it too.

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To be clear, I am adding a little here, cause the upside on this is so yuuge that i cant risk waiting for lower targets.

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Looks bad im out

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Will add big if this continues lower... Thinking this is a dead cat bounce.

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Looks like it is a dead cat indeed. Give me that tripple bull divergence low plz.

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I mean, it could launch from here tbh.

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I am long here
Comments
wolffarchitecture
I see a buy at 5
PMpauper
@wolffarchitecture, Under $5 now :(
MikeMM
@wolffarchitecture, Yes this is the third drive ive been looking for. bought today.
mudguts222jb
The bottom is in, IMO.
That was a big flush.
Window_Licker
bought today 4,66 ;) lets see...
paritagandhi
any new update on this?
PMpauper
AG is sucking
PMpauper
Is this the pullback you were waiting for?
MikeMM
@PMpauper, yes. i was not sure we would get it, but im glad we are. I do not think it stops here, though. it is a support, but this looks like it has momentum now.

If it does though, i think it would make a 2nd test of this level like the drawing.

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