The SNWGF (Snowline Gold Corp) short swing trade, first highlighted as a short trade setup here in the March 13th Gold, Silver, & GDX Trade Ideas video (link will start at coverage of SNWGF) has hit the second (T2) & final price target for a quick 23% profit. Previous & updated daily charts below.
SNWGF March 13th video screenshot
SNWGF daily March 18th
SNWGF daily March 20th
As T2 was my final price target, SNWGF will now be moved to the Completed Trades archives. While the odds for a reaction off this support level (uptrend line + measured target of the Head & Shoulders topping pattern) are elevated at this time, and with GDX still trading at T1 (first price target & support on the daily chart), I still favor more downside in the gold mining stocks in the coming weeks to months.
As such, consider booking partial or full profits on SNWGF and/or lowering stops to protect gains, if holding out for additional downside (any or all of the marked support levels as well as the lower uptrend line on my daily charts above are potential & likely swing/trend targets, IMO.)