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IndoCapital

Breakout or fakeout?

Long
First Majestic Silver Corp. (NYSE:AG)  
IndoCapital  
NYSE:AG   First Majestic Silver Corp.
Trend Analysis Chart Patterns Technical Indicators
4
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trendanalysis chartpattern indicator
Due to the rise of the silver price, this stock has broken out with a strong body candle. Will it sustain? We could expect another retest of this level, but many indicators are in our favor.

The volume speaks for itself, and the RSI has much room to the upside.
Overall the ROI is good considering the previous rally from this level.
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