SilverCrest Metals Inc. ( $SILV ) – stock is trading under 10 dollars as of June 29th, 2019 and offering a possible buying price between $3.99 – $4.19. Let’s look at the stocks technical actions using a weekly chart.
2. The stock had a solid run early this year and made nice gains.
3. Then the stock went into a long sideways consolidation.
4. Though the stock lost the 50 day moving average support during the consolidation, but quickly recovered it.
5. The stock finally brokeout from the consolidation.
6. The accumulation volume also running strong.
7. The possible buying price would be between $3.99 – $4.19. with a stop loss at $3.67.
