Bingbong87

Bingbong87

Western magnesium was in the R&D stage for a long time. Over the last year the fundamentals have changed significantly. They aim to bring back the production of magnesium to the USA. With their new, clean technology and stellar management, they are well on their way. Aside from strong fundamentals, the chart looks great. Mid 2019 a double top formed. A downtrend...

Bingbong87

This is my first chart and publish so please go easy on me. What I see is a long term uptrend crossing a medium term downtrend. In the long run I believe the uptrend will be the winner. But in the medium term I believe the downtrend will take the price to the .5 fib retrace line (somewhere between $1390 - $1420 range) in April-ish at which point the uptrend will...