TradingView
nickfondz
Dec 27, 2018 2:56 PM

Time to long silver? Long

iShares Silver TrustArca

Description

Silver has had a pretty rough time since April 2011. Looking at a monthly chart, we're starting to see it poke it's head up. The vortex indicator is in a position that shows we may have hit a bottom. MACD is curling to the upside as well. Break of the red trendline to the upside (candle close) with an uptick in volume will be the confirmation for this trade. This could be a solid long-term play in the coming months/years.
Comments
teckno05
long term ITM AGQ calls babyy
nickfondz
@teckno05, Absolutely. Next stops are 15.50 and 18.80 imo
More