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.
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...
Multi-year breakout is confirming as the price rebounded on the upper-channel resistance during the last 3 weeks.
The combination of a shooting star (on an upward trend) combined with a red volume, signals a short-term reversal.
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 generally based is given in related...
Gold broke out of a 6-year base this year, leading the other metals and commodities. 6-year base breakouts don't just end in 1-month surges. We have higher gold targets following this correction. $1711 and $1834 gold targets in the next 3-5 months. To us, this correction is an accumulation opportunity. When silver rallies to $25, silver miners will have a ton of...
I think so, Gold is showing some strength in this new currency war which will lead to a real war. It starts at a trade war every time lol.
2017 planned reopening of the Shafter silver mine, Presidio County, TX Has been on care & maintenance since 2013.
AFTER BREAKING THE 38.2% FIB AND SLIDING INTO ICHIMOKU BEARISH TERRITORY WE HAVE 2 POSSIBLE ENTRY TARGET. LOOKING TO ENTER AT 10.76 AND 8.78. BUY HALF OF YOUR POSITION AT THE 10.76 PRICE POINT AND WAIT TO ENTER AT THE 8.78 MARK WITH THE OTHER HALF. IF 8.78 IS NOT REACHED AND YOU SEE UPTREND MOMENTUM BUY AROUND 12.00. AT 17.20 UNLOAD HALF OF YOUR POSITION. IF...
Looks like it's set to go below $20. Shorting might be a good idea.
RunningAlpha dot com Capital Markets Intelligence High Priority Update for Monday, May 2nd, 2016 Although $39 and $36.50 remains baseline intermediate to long-term support for Light Crude Oil ( in reference to June Contract Pricing ), the recent advance upwards has opened the door for a further short covering rally upwards to $62 to $65, and perhaps $74 to $76...