WavesPatternsCandlesIndicators

CDE H&S top update with 2 targets

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BATS:CDE   Coeur Mining, Inc.
Two head and shoulders top formations are seen here with the second formation not yet confirmed with a breakout. Todays price action suggests the more bearish H&S formation with min $2.60 target is the correct call with a rising wedge seen during today’s rally to for a right shoulder.

Should this call come to fruition, it would be a great opportunity to switch short positions to longs for what should be the beginning of the next leg in a secular bull market.
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