micahjmiller
Long

Small Cap Miner Play on PM Price Movment

AMEX:USAS   AMERICAS SILVER CORPORATION
Precious Metals markets have been doing well these past few weeks.
GC1!
SI1!

A lot of the miners have already made their gains and caught up with the market, but some have not.

Last night and this morning I have been searching for small cap miners that are playing catch-up with some upside.

I found this beauty on my stock screener.

USAS has just broken above it's 200 Day MA and this triangle pattern I have drawn. It seems like a great set up to me and I am going to take my chances on it assuming PM prices hold for a few days/week and this little guy ends up trying to catch up with the rest of the market.

Note that I have no extensive knowledge on the company fundamentally. Just looking at price.
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