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Silvestrov

CDE - move to 4$ in play

Short
Coeur Mining, Inc. (NYSE:CDE)  
Silvestrov  
NYSE:CDE   Coeur Mining, Inc.
Chart Patterns Wave Analysis CDE goldminers shortsetup Equity FLAG Bearish Flag
3
0
chartpattern waveanalysis cde goldminers shortsetup equity flag bearishflag
Yesterday CDE broke through bearish flag and is now targeting region at around 4$, based on the symmetry and current chart structure. There it should find strong support, for the move higher.

Potrential trade: Sell short @ 4.60-4.70 region
Target: 4-4.15
Stop-loss: 4.90
Risk/reward: 2 to 1 or 3 to 1 based on the entries, which is reasonable.

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Silvestrov
Couer Mining
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