Coeur Mining, Inc.
Long

Breaking of trendline and Silver correlation on CDE

CDE has broken out of a descending trendline with volume and a good movement on the upside: Historically it has been highly correlated with silver price, Silver already reached its previous recent high while CDE seems lagging, 10$ seems to be a realistic target. If silver breaks out of its range and goes to 40$ this stock could easily go to 15$.

Clause de non-responsabilité