First Majestic Silver - Key Levels to Watch

We can see higher highs forming and a key resistance at $8.
This resistance must be crushed with high volumes for the rally to sustain.
I think it is a nice trade to try out!

Kommentera:

This stock is a great way to play the bull silver market.
It is a cult stock, with famous and great management.
This is the largest silver producer (operations mainly in Mexico) with long term reserves.
Great long term play.
Not cheap but marginal when looking at current silver price...