$Fortuna Silver Mines(FSM)$ ๐จ๐ฅ๐ฐ๐ข FSM Update, NZ ๐ณ๐ฟ Time 19Mar25
Iโm still holding FSM long, up +13.21%, with an average cost of 5.31 and a current price of 6.02.
๐ Technical Setup:
โ The chartโs green parallelogram signals an intact accumulation phase, positioning for a measured move with 100 percent upside potential.
โ Historical price dynamics confirm the pattern, with prior breakouts igniting multi-month rallies.
โ Liquidity pockets are tightening, resistance at 7.00 looms as the next key test.
โ Institutional footprints increasing, signalling a structural shift unfolding.
โ Silverโs macro tailwinds add fuel, with volume spikes mirroring 80 percent of past breakout setups.
โก Momentum Play:
Patience is the edge here. Staying convicted, letting the structure dictate the trade, and riding the momentum confirmation. FSM is quietly coiling, donโt miss the wave. ๐โก
๐ข Please Like, Repost, and Follow for sharp setups and actionable insights ๐ Letโs trade smarter and stack gains together. ๐
Happy trading ahead! Cheers, BC ๐๐๐๐๐
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Great article, would you like to share it?