Just a small revision to highlight the dip / retest thanks to the H&S in the RSI. I failed to show that on the first version so a revision is in order!
This darling of the silver junior miner world has already had a massive jump, and with a Silver price high incoming in March, it's perfectly set to go Sky high!
Price target generated from first leg of symmetrical triangle (roughly $13 to below $1 = 13x), 13x from $5.50 resistance level = price target zone.
A possible predicition for Eloro 2021. HUGE potential here, just look at how the arc and the fib are intersecting in order to cause explosive growth spurts. Interesting!
Chart for shits & giggles. First & last.
A list of Mining Companies to watch to tomorrow if the price of silver continues to soar. We're close to making a recent high but far from making the all time high set back in 2011 at nearly $50 and right now we're near $30. It takes a lot to push up the price of silver but physically demanding it might do just that. So watch these Mining Companies during the...
break resistance retest send plz
This could be an important moment in silver. I prefer that the metal stay cheap but I fear we are about to run out of time before this train leaves the station. What do you think will happen to SILVER over the next year or two?
I prefer to look at and use logarithmic charts because they're less dramatic but included the regular one for comparison. DYDD. The targets I put on the chart are conservative. Conceivably a $3 to $5+ stock. In the medium and long-run I think it makes new all-time highs. Technical Analysis doesn't have to be fancy.
Bayhorse Silver - Producer - 2020 - Dailly
Silver technicals and structure has an intact bullish makeup The long-term analysis shows that silver has cleared all major resistance and should follow gold to a new all-time high within the next 6-12 months, possibly much faster. The macro fundamentals are supremely bullish: Negative interest rates and the beginning of a global currency war/easing...
SSVRC has reported bonanza silver grades of 3,760 g/t over 2.5 m and is an absolute bargain at $60M mkt cap / 51M float compared to peers. The drilling program has been expanded to 12,500 m and we should be seeing more results reported soon. Strong management group with history of discoveries. Fully funded for 2020. Trading in historical support zone and getting...
from march low til now SIL outperforms SLV Disclaimer, this is only for entertainment and education purposes and doesn't serve by any means as a buy or sell recommendation.
After testing $30/oz back in early August and failing to move higher silver has had two significant pullbacks in price. The first was in mid-August which saw price fall from near $30/oz to a low of $23.40/oz on August 12th. The second significant pullback was today which saw price fall from nearly $27/oz at the open of trading today to a low of $23.71/oz-and an...
Let's see if this is a valid buy signal here Disclaimer, this is only for entertainment and education purposes and doesn't serve by any means as a buy or sell recommendation.
the RSI divergence with price is worrisome at this point. guts feeling is buy but technical says otherwise. Same as Barrick gold chart. suspect that GDX will demonstrate similar pattern. Comments/feedback welcome.
Major news from this silver mining company came out in the afternoon so I don't think we saw the full effect yet. In the process of getting re-rated. Very undervalued based on their production numbers. Favourable macro. Bayhorse Recomences Operation at Its Relocated Silver Flotation Circuit for Mineralization from Its Bayhorse Silver Mine Burnaby, British...