First Majestic Silver Corp. (AG)

[StockItOut]

Miners and metals do not always trade in tandem. Weakness is showing. Miners lack of follow through suggests falling metal prices to come. We either keep heading higher on Silver for a little more, maybe to $30, and miners may play some catch-up to follow higher still or hold near current top, and then a weeks long strong correction in both miners and metals. Or, metals and miners briefly give-up some (correct) here in the shorter term and then shorter-term turn up again to retest the current highs or slightly higher still, and then a strong correction in both miners and metals together. For shorter to medium term trading purposes to me yesterday before the open or at the open was the time to sell AG, shorter term. Then with plan to buy near bottom of the coming strong weeks long correction to then hold for a long time again. Yet, because metals and miners are in a strong up trend, buying and holding longer term, not selling now, will work out fine too for longer term and much higher AG.
My take.