jangseohee
Long

Doji at Sensitive area

NYSE:CDE   COEUR MINING INC
48 0 1
This mining stock has the potential to have double bottom . After breaking the long term resistance line, the price was bound by a new mid term downtrend resistance line.
Yesterday it closed as a doji at this support level . One tick above the high of the Doji would trigger my long position.
My two favorite lagging indicators RSI & MACD are showing bullish divergence .
First profit target at 7.3 which is the support turn resistance level .
If MACD can pierce through 0 while RSI move above 50, high chance this will kick start the long term uptrend in this mining stock

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