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Wheaton Precious Metals and AG a Swing Long Setup

Posted by on July 5, 2017 7:24 AM
Tags: , ,
Categories: Stocks To Watch

Wheaton Precious Metals looks like a compelling swing long trade. I have taken a position in my personal trading account. It’s not just Wheaton Precious Metals but also First Majestic Silver that looks like a good setup.

Wheaton Precious Metals Stock Chart

Wheaton Precious Metals

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First Majestic Silver Stock Chart

stocks-to-watch ag 1100x953 - Wheaton Precious Metals and AG a Swing Long Setup

The play on both of these stocks is to go for a quick swing long trade of 1 to 3 days then get out. This is a risky trade because we are positioning so early and the charts could always just keep going lower.