Endevour Silver Corp. EXK had a break of the long downtrend line that ran from 5.50 to 3.75. What you see in the chart is the anticipated result. The powerful break sent the shares up to 4.25. EXK is likely to retrace, but as long as it stays above the old down-trend line we will stay in. In order to not be stopped out too soon we are moving the stop down. In the chart you can see support just under the 50 dma at about 3.75, so that is where the stop goes.
Sell 100 shares EXK @ 3.45 : Order type-stop loss
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