Hi guys,
We have solid position on silver.
* MACD DAILY BULLISH
* StochRSI DAILY BOTTOMED
* My view is that silver will after this strong pierce and selloff make attempt towards previous highs, drop again and continue to push since underpriced.
* Target on silver is 48$/OZ.
Having on mind position of S&P 500, DAX. FTSE and the other indexes, situation...
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...
Massive volume coming causing a technical breakout. Currently consolidating at support.
I hope you are long metals and mining. Should have been a core portfolio position for awhile now.
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...
Healthy Upleg and Bullish RSI.
This stock is a great way to play the bull silver market.
It is a cult stock, with famous and great management.
This is the largest silver producer (operations mainly in Mexico) with long term reserves.
Great long term play.
Not cheap but marginal when looking at the current silver price...
We can see higher highs forming and a key resistance at $8.
This resistance must be crushed with high volumes for the rally to sustain.
I think it is a nice trade to try out!
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...
