MAG formed a solid base after jumping in recent weeks. This base indicates that the uptrend will continue.
a case for MAG and silver in the near future using gann, TA and fundamentals to predict trend of the coming years
Measured move to 19 area. Silver breaking out will help.
MAG Silver just took out 2 previous highs in a near vertical ascent and is getting ready to take out the previous major high confirming the longterm uptrend. Buy > 11.29 resistance.
Mag - Watching to see what happens here!
MAG Silver is one of my favorite stocks and one i have a large chunk of my portfolio in. I recently added at the pullback zone near 12 bucks. I've followed their story for years. MAG has been working on the infrastructure for a giant silver mine in mexico for about 10 years now. The pictures of the underground tunnels ( over 20 kms!) built are quite amazing on...
The last few days and weeks price action has confirmed that the precious metals have bottomed. Silver is my favorite and CDE is still my favorite for maximum long term percentage gains. However, MAG has been showing superior relative strength and yesterday's pullback to below 8 is a gift low risk entry point. BUY. Chartsmaster
MAG has had some very clear and strong support and resistance lines in the past (as shown in chart with blue lines). For the last several months we've seen a retracement (just extending a Fibonacci .618) in the fashion of an Elliott Wave / Channel style. The downward Elliott Wave is now complete at the same time it is bouncing off the bottom of the channel. We...
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