First Majestic Silver - collected Power
Monthly Chart
During the last years this stock did a long and good consolidation.
At the end, old Stakeholders lost the nerves , sold shares (see on balanced Volume).
Now, buyers are back. Short sellers maybe became nervous.
Powerful Volume in jan/21
Break out through very long triangle done.
Next 2 years with excellent potential.
Price taregt around 150-170 USD/Share
Don't become nervous due of some setbacks on outbreak line.
Dan/31.01.2021/
Stock price 18.12 USD
During the last years this stock did a long and good consolidation.
At the end, old Stakeholders lost the nerves , sold shares (see on balanced Volume).
Now, buyers are back. Short sellers maybe became nervous.
Powerful Volume in jan/21
Break out through very long triangle done.
Next 2 years with excellent potential.
Price taregt around 150-170 USD/Share
Don't become nervous due of some setbacks on outbreak line.
Dan/31.01.2021/
Stock price 18.12 USD
Commento:
backtesting, hold