I have been slowly accumulating precious metal miners over the last month or few for a medium term trade.
Some look good, some look bad, but I am being very cautious and patient.
This one seems to be just waking up. Yesterday, a break above the 50 ma. This morning, a quick test and bounce off of it.
Buying here with a tight stop below the 50ma. 1.74 or so.
On daily chart looks like an ascending triangle, with an target on the nex round level looking for more potential if we can break the big resitence
Stop = 1.79
Target(1) = 2
Target (2) = 2.25