micahjmiller

Small Cap Miner Play on PM Price Movment

Long
AMEX:USAS   Americas Gold and Silver Corporation
Precious Metals markets have been doing well these past few weeks.
GC1!
SI1!

A lot of the miners have already made their gains and caught up with the market, but some have not.

Last night and this morning I have been searching for small cap miners that are playing catch-up with some upside.

I found this beauty on my stock screener.

USAS has just broken above it's 200 Day MA and this triangle pattern I have drawn. It seems like a great set up to me and I am going to take my chances on it assuming PM prices hold for a few days/week and this little guy ends up trying to catch up with the rest of the market.

Note that I have no extensive knowledge on the company fundamentally. Just looking at price.

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.