MMHVW - I’m looking at a potential Head & Shoulder leading into Elliott Waves counts 3,4 & 5. The financials are not bad on this company neither and it’s share price is below the future cash flow value at a substantial discount (> 40%). Their level of debt (16.7%) compared to net worth is satisfactory. Americas Silver Corporation engages in the acquisition,...
Earlier this month, shares of AMERICAS SILVER CORPORATION - NYSE:USAS recaptured its 200 DMA and has subsequently put in a nice rush into higher ground on the heels of the recent move in Gold to multi-year highs as we can observe in the Daily chart above. In addition, USAS now finds itself trading above all of its important moving averages 20/50/200 DMA's,...
I know ive posted this one before but i am still holding this stock and still believe it will be a rocket once it breaks out. Note the huge volume accumulation bars circled. I suggest buying now or on a breakout of 2.25 level. Good luck!
For those of you that do not have your head collectively buried in the "crypto sandbox" i am going to be posting some of my favorite mining stock picks in what i believe will be the best market to profit from going forward as we enter the second phase of the precious metals bull market. Yes, thats right. 2000-2011 was just a teaser folks. We are at the end of a 10...
As we enter the new silver bull market i will focus on stocks that i believe will provide the greatest ROC. I have many silver stocks that have done over 100% already but i believe many are ahead of themselves. This little gem is dirt cheap, has had a massive volume accumulation bar and has just broke its trendline. I own it and recommend it as a buy at these levels.
Precious Metals markets have been doing well these past few weeks. GC1! SI1! A lot of the miners have already made their gains and caught up with the market, but some have not. Last night and this morning I have been searching for small cap miners that are playing catch-up with some upside. I found this beauty on my stock screener. USAS has just broken...
Americas Silver Corporation engages in the acquisition, evaluation, exploration, development, and operation of precious metals and polymetallic mineral properties in the Americas. Americas Silver's level of debt (13.6%) compared to net worth is satisfactory (less than 40%). Earnings and revenue are expected to grow significantly at over 20% yearly. Looks cheap to me.
Pattern looks pretty clear to me. We see recent 3 wave corrective bounce up which means one more dip before the correction could be over. 30 to 50 cents could be a GREAT entry!