CDE daily June 27th
CDE (Coeur Mining) could offer an objective long entry on a break above the downtrend line although it may or may not need one more thrust back down inside the pattern. Although currently overbought with an RSI reading of 72.76, the stock made considerable gains after reaching that level in late 2013 following an oversold reading similar to the most recent one. If a breakout occurs soon, best to take only a partial position, adding on the next decent pullback assuming the charts still look constructive.