BobbySpa

SLV - overbought?

Long
AMEX:SLV   ISHARES SILVER TRUST
Perhaps but I have added a another potential target at 22.20 if things get real crazy!
Comment: 3:00pm and trading right at the 21.30 resistance. Again, next resistance is at 22.23 from October 30, 2013.

Comments

Yeah it's gapped up two days in a row now. Do you think it will go down a bit AKA fill the gap?
+1 Reply
BobbySpa mentuhotepiv
@mentuhotepiv, I expect some consolidation soon.
Reply
aaronsmth5 mentuhotepiv
@mentuhotepiv, it's literally looking like the TSLA chart with the gaps. I would expect a 3rd major gap on the chart before I start thinking about closing my longs
Reply
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