Buy Endeavour Silver Corp. up to 3.20 USD
Another silver stock that I really like and that I have already recommended in the past is Endeavour Silver Corp.. Although Endeavour had some issues in the last couple of months I continue to believe in Bradford Cook and his team. Endeavour was one of the best performing silver stocks in the first half 2016 and should offer massive leverage in a new silver bull market.
Technically the stock as corrected back to the 61.8%-retracement around 2.80 USD and is running into a bullish wedge. With a stop loss at 2.60 USD and a 1st profit target at 5.90 USD this idea has an initial risk/reward ratio of 1:7.
Buy Endeavour Silver Corp. up to 3.20 USD (NSYE: EXK)
Place a stop loss at 2.60 USD
First profit target 5.90 USD
Timeframe 6-12 months
Risk/Reward 1:7.7
Technically the stock as corrected back to the 61.8%-retracement around 2.80 USD and is running into a bullish wedge. With a stop loss at 2.60 USD and a 1st profit target at 5.90 USD this idea has an initial risk/reward ratio of 1:7.
Buy Endeavour Silver Corp. up to 3.20 USD (NSYE: EXK)
Place a stop loss at 2.60 USD
First profit target 5.90 USD
Timeframe 6-12 months
Risk/Reward 1:7.7
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