TradingView
jackohgorman
May 18, 2021 11:54 AM

FSM Silver play Long

NYSE:FSM1D
Fortuna Silver Mines IncNYSE

Description

⋅
Retesting the 200 EMA, and holding the trendline very nicely. Silver is is hot demand and Fortuna has the capacity to offer it.

I've added this to my security bucket.
With a B/V of 5.02 per share, this seems very very promising.

Are we primed for a breakout?

Let me know what you think in the comments below.

(This is not financial advice)

NYSE:FSM
Trend AnalysisFundamental AnalysisTechnical IndicatorsSilverminingCommodities
Comments
WinstonWallace
⋅
hey what do u mean by "your security bucket"? thanx
jackohgorman
⋅
@WinstonWallace, Long term investment that I may DCA. Their EPS is good and if Silver prices increase, mining will be in hot demand. Semiconductors also use a lot of silver for circuits. It's worth looking at if you want something for that.
WinstonWallace
⋅
@jackogorman, I added some to my portfolio recently..lets see how this goes
More