I have good reason to believe this metal is going to shine very soon. Apart from the analysis made in my previous article, https://steemit.com/silver/@vandal/silver-preparing-for-a-move-higher i also reiterate that the 17.30s level is the price that confirms silver's breakout for this short term. Silver is trading at 17.14 at this very moment, with no major signs of selling yet. The stage is being set well!
Other than buying silver futures, ETFs or physical silver, a good way to leverage and ride this is by buying silver miner shares. One of my favorite is First Majestic Silver, trading symbol AG, listed on the New York Stock Exchange.
First Majestic has gone through a triple bottom formation, digested the selling and could be seeking new highs soon. The charts do show signs of selling drying up, but the buying has not been strong. We should look for a clear break above 9.50 to look into buying and riding this silver wave. First Majestic went from $2-$19 over half a year cryto style not too long ago. Could it repeat its feat?
This is one of the two mining company's I'm invested in, the other being PVG
( Pretium Mining). Worth a look, it's a new project just coming on line now.
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