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BeniGo
13 Eki 2021 15:15

AG LONG Alış

First Majestic Silver Corp.NYSE

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Dear gamblers,

Seems that AG has retraced enough. We open long right at 12.33 USD with stop loss at 10 USD looking to target 40 middle term.

Silver is a "commodity" that attracts me because of its scarcity and industrial need for batteries.

Let's see if it plays out.

** This is not financial advice, do your own research before risking money ***

Kind regards,
Yorumlar
Earthmatrix
Not sure how many batteries will be need when the World Gov't's are in an all out war on their economies.
BeniGo
@Earthmatrix, I don't know what you mean. All I see is retest of the triangle and more probs on going up to 40's. Silver is going to be needed for industrial matters, as batteries need it (there's no conductor material like silver) so i guess future is bright.
Earthmatrix
@BeniGo, I would not be suppressed by triple digits. It looks like we are entering a commodities super bull market after the decades long bear. I just don't think the start of the run will have much do do with industry, but rather currency fears.
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