AG | Silver Miners Will Rise | LONGFirst Majestic Silver Corp. engages in the production, development, exploration and acquisition of mineral properties. It owns and operates producing mines in Mexico including the La Encantada Silver Mine, La Parrilla Silver Mine, San Martin Silver Mine, La Guitarra Silver Mine, Del Toro Silver Mine, Santa Elena Silver & Gold Mine, and San Dimas Silver & Gold Mine. The company was founded by Keith Neumeyer on September 26, 1979 and is headquartered in Vancouver, Canada.
Firstmajesticsilver
FIrst Majestic Silver on important supportFirst Majestic Silver has reached the line linking the lows since 2008 giving a support in the $4.20 area.
We believe the stock is due for a rebound towards at least $6.15, possibly as high as $9.80, as long as the $4.20 area is holding.
A break below $4.20 would open $2.40, potentially even $0.67 which is the all time low.
Kinross Gold - 6:1 Long w/ Multiple ConfluencesThe weekly KGC price chart looks juicy for swing traders and position players, or anyone in search of quicker gold-correlated returns than the metal itself offers (+/- 25%).
As always, I strive to render these ideas of mine so obviously that their explanation will require no words, and this forecast is no exception.
My trading tactics - including the beauty of Tradingview and how it makes me look good - are based on identifying the opportunities within VOLUME, VOLATILITY and TREND EXHAUSTION.
First Majestic Silver - Sniper Entries for 9:1 Long TradeSome thoughts that occur to me while updating the First Majestic Silver chart are teased here, which I hope you will challenge with tough questions. These ideas of mine are meant to arouse the reverse-engineers and provoke the thinkers. As always, I strive to render them so obviously as to require no words.
Nevertheless, First Majestic Silver (AG) is such a titan in this niche industry that it makes an excellent leading indicator. As of this writing, price is well below the "Snipers' Range" (Or
First Majestic: Room for Maneuver 🤏First Majestic is still wading through the turquoise zone between $12.36 and $6.89 to finish wave 2 in turquoise. To achieve this, the course still has got some room for maneuver – at least until the bottom of the turquoise zone. However, it also might have already completed the current movement, thus continuing the ascent. As soon as that is the case, we expect First Majestic to climb out of the turquoise zone, heading for the resistance at $19.41. There is a 45% chance, though, that the course
AG | This Has Me Drooling | LONGFirst Majestic Silver Corp. engages in the acquisition, exploration, development, and production of mineral properties with a focus on silver and gold production in North America. It holds 100% interests in the San Dimas Silver/Gold Mine covering an area of 71,868 hectares located in Durango and Sinaloa states; the Santa Elena Silver/Gold Mine covering an area of 102,244 hectares located in Sonora; Jerritt Canyon gold mine that covers an area of approximately of 30,821 hectares located in Elko C
the start of the 3rd wave is nearcrab harmonic pattern:
X=$201.6
A=$0.02
AB=0.61 XA
BC=0.38 AB
0.78 BC=$3.76
0.88 BC=$4.68
1.13 BC=$7.97
1.41 BC=$14.7
1.6 BC=$23
0.78 XA=$28
2 BC=$53.4
0.88 XA=$70.5
2.24 BC=$90.2
2.6 BC=$206
1.13 XA=$668
3.6 BC=$1835
1.27 XA=$2474
4.23 BC=$7087
1.41 XA=$8830
1.6 XA=$60087
First Majestic: Time to Say GoodbyeFirst Majestic is currently paving its pathway to leave the turquoise target zone between $6.89 and $12.36 for good, to wander above the resistance line at $19.41 and resume the upwards trend further North. Our alternative scenario displays a 40% chance for the course to drop below the support line at $5.30 which would be continued with a downwards slope around the $2.91-mark to complete the dark green wave alt. .
First Majestic: Shy…While First Majestic had actually already made it to the upper edge of the turquoise zone between $6.89 and $12.36, it has shied away and drawn back again until the retracement at 61.80%. Thus, we still give it some time to finish wave 2 in turquoise – although it could also continue the ascent from here. As soon as wave 2 in turquoise is completed, First Majestic should indeed move upwards, heading for the resistance at $19.41. However, there is also a 40% chance that First Majestic could slip
First Majestic: Refinishing…Like an artist with their painting, a craftsperson with their handiwork or a cook with their most exquisite dish, First Majestic seems not yet ready to let go of its work in the turquoise zone between $12.36 and $6.89 and apparently wants to add a finishing touch. Thus, it has arched back downwards and could aim for completing wave 2 in turquoise a bit deeper still in the turquoise zone. As soon as the current downwards movement is concluded, though, First Majestic should turn upwards and head f
First Majestic: Should I Stay Or Should I Go?“Darling, you’ve got to let me know – should I stay or should I go?”
This song by The Clash seems to be sounding in the background while First Majestic is thinking. As it has already reached the ideal target point for wave 2 in turquoise, the share price could directly go upwards now, rising above the resistance at $19.41. Likewise, it could stay to finish wave 2 in turquoise a bit deeper in the turquoise zone between $12.36 and $6.89. However, there is also a 45% chance that First Majestic co
First Majestic: There it is!There it is! First Majestic actually did it – it has advanced into our turquoise zone between $12.36 and $6.89. Now, things are getting interesting. As First Majestic has reached the middle of the turquoise zone and thus has tapped its ideal target point for wave 2 in turquoise, it could already start to move upwards, crossing the resistance at $19.41. However, there lurks a 45% chance that First Majestic could fail to turn and could fall through the turquoise zone instead. In that case, it coul
First Majestic: Happy! 🥰🥰🥰It is increasingly looking good for the First Majestic stock, as the price is further moving away from its support at $12.56. Below that mark, we would experience a decline under $10. However, we trust the bulls here to make significant advances and push the price above $33.
Silver is the new gold!
First Majestic: Turnaround soon? 😢😢😢It has not been a particularly good year for the First Majestic stock. However, we expect a turnaround just above the support line at $12.56. If the bulls can turn the course around there, big-time upward movements await us. If the price falls below the support line, we will see one-digit prices.
Happy trading!
AG bulls and bears fighting a key priceFirst Majestic (AG) is at a very key point right now. AG is leading the junior silver miners and is giving the sector a glimpse of light for the incoming silver bull run. If AG closes above $14.53, there is a good chance the stock will quickly rise to $17. If we close under $14.53, AG would make a "double-top" and has more chances of falling to $14, and if that breaks as well, then $12.30 is the next large support. AG has a massive short volume so if these shorts are forced to close their positi
AG to Fill Gaps and Rise!AG has left a couple of gaps on its way down in the last couple weeks. We believe these gaps need to be filled, therefore we see a rise in AG! Of course every analysis has its own story and ours could play out totally wrong, but we believe the odds are in our favor.
Right now, the orange uptrend line is being used as resistance. If the orange line breaks, next target for AG would be $24 and if that breaks then $27. At that point, we will realize our profits. If in the case AG plot twist on our























