MMHVW - see chart - AB=CD long potential.
MMHVW - so it’s clear to see that a breakout and retest has taken place here. If this diamond ab=cd plays out price could reach 37 are roundabout. First Majestic Silver Corp. engages in the acquisition, exploration, development, and production of mineral properties with a focus on silver production in Mexico. It owns and operates six silver producing mines,...
MMHVW - what do I see Modified Schiff Fork with previous bounce off the lower parallel and 0.618 lines. Also a potential shark pattern with C leg forming and then a descending wedge. Base on these I’m thinking price could reverse soon and change direction. Could be a long shot but for a financially stable gold/silver miner, which is significantly underpriced, is...
MMHVW - See chart. Looking to me likea ABC correction ending on 5 waves for C wave. I’m therefore expecting a move higher.
MMHVW - stock market rallied 2% yesterday and then dumped. What a rip off.
MMHVW - Bull flag / descending wedge.
MMHVW - breaks below the neckline so if it’s doesn’t bounce here we could be looking at 7400 levels next.
MMHVW - I took some profit from my silver miners and now placed short on silver. Could see a pullback roundabout this level where bear Garthley reversal zone begins. Do your own research before trading. A correction would present buying opportunities. Don’t get me wrong still think silver will reach 40 by mid 2020.
First Majestic Silver Corp. engages in the acquisition, exploration, development, and production of mineral properties with a focus on silver production in Mexico. Earnings growth is expected to exceed the low risk savings rate of 2.7%. level of debt (20.2%) compared to net worth is satisfactory (less than 40%).
MMHVW - not going to say too much, as usual, apart from the fact that we are in shark reversal territory. That being said, it’s worth saying that I am not a financial investors and this isn’t financial advice. Please do your own research before putting your money in a cryptocurrency and always remember to trade safe!
MMHVW - price has bounced off the 200ma on the 4hr TF on 3 previous occasion. Just thinking if this will happen again. That being said, it’s worth saying that I am not a financial investors and this isn’t financial advice. Please do your own research before putting your money in a cryptocurrency and always remember to trade safe!