Coeur Mining Inc is a leading silver and gold mining company with operations in the United States, Mexico, and Canada. They specialize in the exploration, development, and production of precious metals, contributing to the global supply of silver and gold.
Currently, CDE stock is attempting a retest of a base breakout. A base breakout occurs when a stock price breaks above a significant resistance level, indicating a potential upward trend. The retest refers to the stock price revisiting the breakout level after the initial breakout.
For CDE to sustain its upward momentum, it is crucial for the stock to hold at this retest level. If the stock price successfully holds above the breakout level, it suggests a continuation of the upward trend. Traders and investors should closely monitor CDE's price action and volume to assess the strength of the breakout and make informed trading decisions.
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