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FIRST QUANTUM MINERALS CORRECTION In very simple terms, I can see FQM stock price going to my second target levels around 61.8%, we could potentially see the stock price trade around CAD$16.32/share in the next few weeks. On the daily timeframe, price has been trading below the 100 SMA and we could see a continued bearish trend to complete the corrective phase. Please refer to initial correction forecast in link below. DISCLAIMER: This is just an idea and must not be taken as a trading or investment advice in anyway.
TSX:FMShort
by Timgucci
AG bulls and bears fighting a key priceFirst Majestic (AG) is at a very key point right now. AG is leading the junior silver miners and is giving the sector a glimpse of light for the incoming silver bull run. If AG closes above $14.53, there is a good chance the stock will quickly rise to $17. If we close under $14.53, AG would make a "double-top" and has more chances of falling to $14, and if that breaks as well, then $12.30 is the next large support. AG has a massive short volume so if these shorts are forced to close their positions, the stock will fly. - HH
NYSE:AGLong
by HH_Analysts
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