Bottom Complete - Breakout Imminent

24 בספט׳ 2018

The Summer Smash of the precious metals and mining stocks was extremely painful. However, it has created an even greater opportunity for much larger returns. The take down in silver led to CDE dropping for 22 trading days before it bounced with some intraday lower lows. That bottom is now complete, with tomorrow marking another 22 trading days since. I expect an imminent breakout higher and since the company is presenting tomorrow at the Denver Conference I would rather be in now even though I don't expect anything especially great to be announced. Gold and silver appear to have bottomed, the mining stocks are acting much better than the metals, so after already experiencing the Summer Smash why wouldn't you be all in now? BUY. Chartsmaster