Is it so difficult to imagine silver going 10x over the next 3-4 years? That would put the price over 290 per oz. What about a 30-40x move to over 1000 per oz? I can make an easy case for triple & quadruple digit silver over the next decade just by looking at the silver : M2 money supply. The creation of our currency = inflation. While this inflation (expansion)...
ASX listed SVL simple trendline support on daily + seems like volume is decreasing on the down waves and increasing on the upwaves. Divergence can also be seen if you overlay the Monster Cumulative Delta indicator however It gets a bit messy so i left it out. just noticed williams vix fix is in the green as well indicating a bottom.
A break above $12 level would be explosive!
Looks like Aurcana is ready for a big move ! Breakout on RSI. On balance volume shooting up. Volume growing exponentially. Bullish hammer on the monthly chart. Resistance at 0.68 has been overcome today by a 25% move. Backtesting at the moment. AUN has been a laggard in recent times (maybe because of some debt on balance sheet). With silver jumping above 20...
Consolidation could end imminently resulting in another beautiful upleg. THE RSI elegantly pulled back on the 50 level, giving it a strong positive momentum to rise. You could also consider investing in the main silver miners to get better leverage on your investment. My favourite picks are Mag Silver, First Majestic Silver, SilverCrest, Pan American Silver,...
BULLISH GOLDEN CROSS OPPORTUNITY ON SILVER. THIS MOVE CORRESPONDS WITH MASSIVE INVERSE HEAD AND SHOULDERS ON GDXJ (MONTHLY CHART). EXPECTING SILVER TO TARGET 24 AND JUNIOR MINING STOCKS TO RESPOND ACCORDINGLY.
RSI is bullish. Support at $0.36 Resistance at $0.43 and $0.5
Resistance at $0.5 and $0.6 Support at $0.375
Breakout of the $0.7 resistance signaling the continuation of the uptrend. Pitchfork levels work perfectly with this configuration.
RSI & stochastics are positive. This is a great long-term play to get leverage from rising silver prices.
I put half of my desired position in play based on the current situation. If this level will not hold, I am ready to increase my position around 85. Depending on the situation it may become a long-term thing or just a swing trade up to around 110.
Spanish mountain has very little debt and is highly leveraged to the price of silver. Very little downside here, tons of mid & long-term upside potential. Intrinsically undervalued company & assets. They're sitting on a literal mountain of silver trading well below their 2016 peak. Conservatively I see SPA / SPAZF increasing 150% in 2020. All this requires is...
With silver likely to surpass its 2016 peak of $21 this year in 2020, some of the overlooked silver junior miners may catch a bid here. In order to get back to just its 2016 peak, Impact Silver would need to increase 197%. I think at minimum we will get a 100% move in Impact Silver in 2020, with a less likely upward potential of 275%. This a miner you want to...
The fact that Silver prices remain cheaper than the S&P rally may have a positive effect on the stock. In order to reduce the financial leverage, the Stop-Loss value has been manually converted to lower values. In addition, the buy signal was taken from the weekly chart : The infrastructure on which the analysis is generally based is given in related...
Long opportunities continue to present themselves while this technical standpoint continues to play out. Sized in from the bottom and looking to sit on my hands to take profit at key levels on the chart. Trade with care. Note: This idea follows my own tried and testing trading strategy and rules. This idea does not constitute trading guidance for anyone else. DM...