FIRST MAJESTIC SILVER CORP

AG NYSE

AskDrBurt

AG is looking good on a 4hrs chart and daily needs some more time to clear certain things.

Kabeldon

Hi. In this 1D chart I've plotted a Triangle pattern that's played out since the start of February. I anticipate a dramatic breakout in the coming week (Idea posted 26/03/2021) as it breaks through the diagonal resistance line or the support line. To support the theory that a dramatic breakout is coming there are a couple of indicator factors to consider: ...

greenvention

AG and PSLV are both popular silver stocks that more or less track the spot price of silver. PSLV cannot be shorted as each share is backed by 1/3 of an ounce of physical silver. Meanwhile AG can be shorted, so let's look at this chart of AG/PSLV to get an idea of what short sellers are up to. At the beginning of the month it looks like short sellers got scared...

AskDrBurt

5 years arc represent a cup with a forming handle. Fundamental for silver are incredible. The only thing that currently limits its full potential is spoofing by big 8. This game is coming to the end with no physical silver being found and currently several mints are defaulting around the globe. Initial target $39.59 with and it will get us there on June 3rd 2021...

Badcharts

Testing CRITICAL breakout level. Looking for a convincing monthly close ABOVE 17.34$ to confirm 100$ target.

Charlie2029

OK, i use Heinki Ashi ´s candle style charts the filter noise and spot trend reversals this is the Daily time frame for AG I still long and guess this stock will close today above 17,40 or nearby (nothing is sure of course) to me First majestic as a relative high spread and goes side ways, for now i expect the stock will reach again $20 now the price is fighting...

DJMoe13

We are in the the blow off top of the stock market. It could go higher, but commodities will hold strong during the down turn. First Majestic is one of the best investments for anyone long silver.

AskDrBurt

AG is looking very good. We have cleared 50DMA and sitting @ resistance line. Assuming paper silver does not drop below $25 again we should be good to go.

Kabeldon

Hi. In this 4h chart I've plotted a prediction of the Elliott wave pattern that could emerge as the price has now broken through the diagonal resistance line. I believe that the previous downturn when the price moved to the peak of the triangle was a correction wave and the current movement is the following impulse wave and that the price is currently in the...

Evdog9000

RSI seems to have broken out. MACD has crossed over. If we can close today with a nice green candle this might push with the rest of the market!

jojoe74

Bottom in?

Charlie2029

I abandon the boat, too Risky to me if the price action test a new lower low very soon under the support zone, that could end up in a debacle. Since yesterday i loose my confidence on Silver, fundamentals are not better than the chart. We see a small recuperation today but still doing a lower high if you have stomach you could wait t ´ll the end of the week to...

Charlie2029

I bet for AG, Silver will go to moon very soon, Smart money is waiting for short squeeze Gold and Silver, It could probably happen in a mid long term but i think that will happen at end, That ´s what macro economics dictate. (i look for wise professional advise) Do your own investigation before doing any bet, it ´s my personal view and my personal investigation,...

fullmax

check it up EW

Charlie2029

i draw a little more info on the chart, ¨ history does not repeats but rhymes ¨ Don ´t remember who said this sentence maybe Mark Twain. It ´s on Heinki Ashi type of candles but this candles work best in a daily timeframe, i use them to spot trend changes. try them in various stocks but as i said Daily timeframe or more, they are pretty accurate. This chart is a...

Charlie2029

As some know , since 15,32. I'm long on AG this Chart explain why i posted another one which contain the Silver CDF ´s and the compression of the price action on the CDF ´s at big Triadle poder i think they c ant contain the Silver price at so low range due to the demand, either it ´s a hard battle keep an eye on the Kids they can Short Sqeeze again, it won ´t be...

Earthmatrix

The one week chart shows that we are clearly still in a long term bull market. I expect an upward bounce off to the upper trend line soon.

Charlie2029

On the verk of purchase, in this type of Kenzo graphics, the ideal to buy is that a green wick appears if you look closely you will see that whenever it appears it rises considerably ... and vice versa of courses. Kenzo are great to spot trend changes thus filtering out the noise en Castellano: A punto de compra, en este tipo de gráficos Kenzo, lo ideal...