Benji Miller's Market Insights is a public resource created to share and inform market participants about the technical outlook of the markets with a focus on the precious metals. The author of this blog is an experienced and proven money manager, market technician, and trader.
Benji Miller is an experienced Elliott Wave analyst/technician.
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Friday, December 28, 2012
12/28: First Majestic Silver buying opportunity
I believe we have a short-term buying opportunity on First Majestic Silver, based on the triangle pattern being formed and the stock now lying on strong technical support.
If the stock can hold support and rally, then I believe a marginal new high to Wave d is to be expected.