EXK is one of the better silver miners from what I’ve read and listened to lately. I thought I was slick getting in at that first daily bottom around $1.90 and cashing out a little over $2…joke’s on me. After the second bottom this one really took off after silver began playing catch up. It’s had a healthy retrace since silver topped out (short term, we hope) and looks to be setting up for another long.
This will be a 4h chart entry unless the retrace continues and price falls below the 50 on the daily. I’m looking for price to close above the 50 and an upward cross of the 9 on the midline (set levels to 50 instead of 80/20). Stop loss will be 1.5x ATR at time of entry.
Scroll left a few years and see the potential for this one. Would be great to get in early if we’re truly getting into a PM bull market.
Not financial advice. Good luck. Will update when active.