Coeur Mining Inc. (CDE) - Bullish Rectangle Continuation Pattern

6月17日

Analysis:

Chart Pattern:
Coeur Mining Inc. (CDE) is currently forming a Bullish Rectangle Continuation pattern, indicating potential for an upward breakout.

Support and Resistance: The stock is consolidating between defined support and resistance levels.

Breakout Potential: A breakout above the resistance level could lead to a significant upward movement.

Target Price: The target price can be estimated based on the height of the rectangle.

Stop-Loss: Set a stop-loss just below the support level to manage risk.

Fundamental Overview:
Revenue (TTM): 846.97M
Net Income: -108.14M
Total Debt: 593.83M
Current Ratio: 1.00

Conclusion:
The Bullish Rectangle Continuation pattern suggests a potential upward breakout, making Coeur Mining Inc. a promising candidate for short-term gains. However, investors should consider the company's current financial challenges and set appropriate risk management measures.

Investment Note:
Trading stocks inherently involves risks. Carefully consider your financial situation and investment goals before making decisions.