It’s just one of many silver stocks making strong moves, but today’s burst in MAG breaks it through a resistance level, leaving only the August high to be taken out before it would target the 2016 high around 18. Disclosure: I own it.
As for the metal itself, it seems to think it’s on its horse and has somewhere to go. At the very least, the Silver Bullet is not something you stand in the way of when it’s got the bit in its mouth.
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