First Majestic still remains one of my top picks for a true silver bull market which i believe we are in now. Not my top pick, but a close 3rd from the top. So i am overweight in this one for sure. This is the weekly perspective, the monthly is even more bullish showing a giant ascending triangle. I keep adding on any pullback.
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added a bunch more this morning at the depths of despair... thanks for the discount !
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This is the best place opportunity we have had to buy first majestic cheap in along long time... you can be sure, they DONT want you to own this and will try to stop you out... great time to add more here.
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nice ! we crossed back above 50% FIB... next resistance is 11.50 FIB
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That last Z wave down was the ultimate in manipulative fakeouts !
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My "catch a falling knife" strategy has worked a treat !... every big bar down i doubled my purchase... right now in huge profit, not buying as long as its going up... if we get a big selloff ill buy more.
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Fortunes are not made following the herd. In fact fortunes ARE made betting on stuff as universally hated as this stock and the commodity SILVER. Here's an example... the BTC community has a had a hard on for gold (and silver) for a while now... you can watch how michael saylor speaks of gold with disgust in his voice... he seethes hatred for the yellow metal... why ? Well number one because had he bought gold instead of BTC he wouldnt have looked like such a giant doofus losing a billion dollars and would probably still be CEO of microstrategy. Secondly , that debate he had with Frank Guistra right at the exact bottom of gold against BTC would not be forever cemented into internet history making him look like the absolute worst investor that ever lived ! There's blood in the streets boys, the time is now to buy gold, and especially silver.