This is what we tell the bears currently busy with Agnico. Our furry friends shouldn’t let themselves get distracted by the little countermovement, but should rather continue to focus on our primary scenario – just as they have been doing so admirably lately. Thus, we expect the stock price to resume the descent and to fall below the next support at $31.03....
Despite smaller counter movements, Agnico continues to follow our primary scenario. We expect it to fall below the support line at $45.42, which should confirm further descent below the next support at $31.03. However, there is a 32% chance that Agnico could chose the other direction and cross the resistance at $74.50, thus reinforcing upwards movement above the...
Thumbs up 👍👍👍
Last year + finished:
I say thank you and I take my Canadian money off the table.
Other opportunities calling at the Moment.
If price drops in the next few weeks maybe re-enter the market.
Greetings from Hannover
Stefan Bode
BigPicture:
