NIA's #1 favorite silver stock suggestion Defiance Silver (TSXV: DEF) gained by $0.06 or 10.71% today to close at $0.62 per share! At 3:49PMEDT, DEF hit its 8-year high of $0.63 per share! At today's high of $0.63 per share, DEF had gained by 70.27% since NIA's suggestion one month ago at $0.37 per share!
On Friday, August 14th, NIA announced DEF at $0.37 per share as its #1 favorite Mexican silver stock suggestion. NIA showed how DEF had a technical key breakout point of $0.385 per share. NIA said that the last time it had discovered a Mexican silver stock that it was so extremely confident about was Great Panther Silver (TSX: GPR) on October 5, 2010 when we made it our #1 overall pick for 2011 at $1 per share. GPR hit a new all-time high five months later of $4.90 per share for a gain of 390% from NIA's suggestion price.
DEF gained by $0.06 or 17.14% on August 14th to close at $0.41 per share. On Monday, August 17th, DEF gained by $0.025 or 6.10% to close at $0.435 per share.
On Friday, August 28th at 3PMEDT with DEF at $0.42 per share, NIA sent out a technical analysis alert showing how DEF had consistently been bottoming at higher lows of $0.36, $0.37, $0.39, and $0.415 per share. DEF rallied into the close on August 28th to finish at $0.45 per share.
On the morning of Monday, August 31st, NIA said that with DEF breaking through the critical $0.44 level and closing Friday, August 28th at $0.45 per share, DEF deserved your immediate attention. DEF hit a new 4-year high on August 31st of $0.54 per share before closing up $0.04 or 8.89% to $0.49 per share.
On the morning of Tuesday, September 1st, NIA alerted you to silver breaking $29 per oz. NIA said that DEF back on August 10, 2016, reached a high of $0.63 per share when silver at the time reached what was then a new 3-year high of slightly north of $20 per oz but silver "came no where close to reaching $29.04 per oz." In addition, NIA said that, "Because of the many healthy dips that DEF has made in recent weeks its 14-day relative strength index (RSI) is only 69.17. Back on July 21st when DEF hit a short-term peak of $0.45 per share and closed at $0.405 per share its RSI reached 85.79." DEF hit a new 4-year high on September 1st of $0.56 per share before closing up $0.005 or 1.02% to $0.495 per share.
Today, DEF returned to its exact 2016 high of $0.63 per share that NIA discussed on September 1st!
This message has not been seen, reviewed, or approved by DEF. Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is not a solicitation or recommendation to buy, sell, or hold securities. NIA has received compensation from DEF of USD$40,000 cash for a six-month marketing contract. This message is meant for informational and educational purposes only and does not provide investment advice.