$AGQ to $104

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BATS:AGQ   ProShares Ultra Silver
Operating off of a confluence of multiple signals showing a major breakout for AGQ , there is a simple chart wedge that at the 1.618 Fib level places us firmly @ $104 / share.

- SILVER near term to hit ~$47/Oz:

- SILVER long term to hit ~$205/Oz:

The last time SILVER was at ~$48/Oz, AGQ was around $740.

Given the level of general macro instability, weather patterns potentially damaging critical infrastructure, increasing demands for physical SILVER for semiconductors / green engineering (solar), plus the backdrop of the weakening dollar (BRICS et. al. dumping US Treasuries), AGQ just might follow these to factors Valhalla, if my analysis is correct.

Would love to hear your thoughts
52 Week high achieved today

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