I'm into crypto, but looking at silver mines. This company is interesting so I did a quick Elliot Wave analysis. It looks like impulse wave 1 is finished and wave 2 is a retest of either the support or the channel top. I duplicated the fractal of the last bull run and stretched it to, so that Impulse wave 1 would match. This is the manner I used to determining the target. Fibonacci would be 1.414 to 1.707 to top of future wave 5. The fractal really lines up well with the resistance/support levels.
Yorum:
By the way, take this with a grain of salt.