Speculative Bearish Entry on SIlver Miner's Upcoming Earnings

Short

First Majestic Silver Corp. (NYSE:AG)

NYSE:AG First Majestic Silver Corp.

trendanalysis chartpattern fundamental miners commodities preciousmetals metals bearishflag squareup earningsplay earningsspeculation

AG is sitting at the supply zone of this potential Bear Flag and has been once rejected from the 200 Day Moving Average. AG now reports earnings in 2 days and i have bearish bets on those earnings in the form of multiple April 21st PUT Options at the Strike Price of $8 and now will be hoping to see a square-up of the range lows.

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