FIRST MAJESTIC SILVER CORP

43 % potential.

It´s been the right thing to wait with any recommendation in the mining sector. But now I feel the time is right. As explained I believe silver has a great potential over the next 8-12 months. The best way to play a multi-months rally in silver are some of the best but currently beaten down silver mining stocks. First Majestic Silver without a doubt is one of the ...

will it hold?

Majestic

AG

AG

Looks like a text book harmonic pattern. Expecting a rebound around 8.00.

Based on historical patterns after FOMC meetings announcing a rate hike, I expect First Majestic Silver to drop around 20%. This could be anywhere from 1 week to immediately after the FOMC meeting on March 15th, 2017. Influencing factors that would change this target: DXY losing strength Low GDP numbers from last week.

AG is still considered an inverted head and shoulders in the making, as the first shoulder's resistance has not been broken. Price will likely be bouncing from the support trendline and up to the low 13s.

if you think silver will go further bull AG may be a good buy

Frena en el Cluster formado por Fibonacci y sale al alza. Es un activo corrrelacionado al oro y plata que tuvieron una gran recuperacion. pero el cluster formado por el activo genero mucha fortaleza al alza.

In a bull market, price will spend long periods of time in overbought and very short periods of time in oversold, and short term trading is a sure way to wreck your portfolio. Trading too frequently on the indicators could leave you flatfooted and on the wrong side of a trade trying to make up for a loss. If you are believe that we are at the cusp of a bull ...

If AG breaks resistance at $9.22, it will test $9.91. If we break that, the next test is at $11.20. My strategy is to buy a Feb $8/$11 call spread for $1.20.

This is the news we have been waiting for!!! Superb news which is super positive for silver and gold. In the coming weeks and months the market is going to absorb this news and claims should be recalculated in the share-price, what means higher prices...

The red and blue arrows are showing 2 alternative Paths to a substantial gain in a few months.

For this setup to work, AG has to regain $10 quickly, ideally by the end of next week. Otherwise this setup is likely to be invalid. If the FED only raises by 0.25, then I would say there is a 60% chance AG can reach this $12 target by the end of Jan 2017.

One of the best silver miners

short ag