My take on Silvercorp Metals.
The Monthly Chart had a breakout several months ago and the candle is closing above the RANGE (Blue Line).
- Im a buyer on the 1st of April once the 3 Month candle close above the RANGE (Blue Line) and;
- The BREAKOUT is closing above the 0 line, which is very bullish but as always it can be a fake-out as well.
- In my opinion, it's the most efficient silver mining company currently.
- Geopolitical risk is there, but its everywhere.
- Free Cash Flow will grow as the silver price goes higher.
The Monthly Chart had a breakout several months ago and the candle is closing above the RANGE (Blue Line).
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