SpudMissile88

$SLV SQUEEZE POTENTIAL

AMEX:SLV   iShares Silver Trust
Charts indicate we could be in for another spike, the likes of which we have not seen since the market crash of 2008. All EMAs are converging on the current price point and with a tremendous amount of squeezing to be had in the weeks to come, more and more people will be hedging with silver as the big hedge funds start to take losses. Squeeze indicators show a lot of positive momentum, mirroring the same volume prior to the 2008 spike.

Options in the money currently are adjacent to relative resistance levels are an ideal play in my opinion.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.