LONG CDE - Company just broke out of a 8 year down trend
CDE is a great buy here as the stock has broken out of a 8 year down trend starting in 2011. CDE has lagged other silver miners slightly during these recent silver breakout (tradingview.com/chart/SILVER/b9LYzUhw-Silver-Breakout/).
They are optimizing recovery and costs at current claims and have a great deal of exploration and potential for new claims in the works. They have suffered from aggressive short selling as of late - see: fintel.io/ss/us/CDE , but this should just fuel a spike in the stock as Silver moves to its next resistance point of $17.30. Technically resistance at $5.20, then $5.75.
They are optimizing recovery and costs at current claims and have a great deal of exploration and potential for new claims in the works. They have suffered from aggressive short selling as of late - see: fintel.io/ss/us/CDE , but this should just fuel a spike in the stock as Silver moves to its next resistance point of $17.30. Technically resistance at $5.20, then $5.75.
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