I see major support at current levels (high volume node, 0.618 and the weekly since the covid dip).
... for a .41/contract credit. Notes: With only .11 worth of extrinsic left in the April 16th 26, rolled the short call down to the May 21st 25 for a .41/contract credit. Cost basis in the diagonal now at 8.08 with a 24.08 break even and a current max profit potential of .92/contract on a nine wide (10.2% ROC at max, which assumes a finish above the short call strike).
Hello dear friends! Medium-term ideas for silver buying with growth targets towards 27,50-27,60 long from levels 25.4 / 25 stop 24.5 Thank you friends for your attention to my ideas, subscribe and like everyone Have a great day! Your JUST DO MONEY!
From a T/A point of view this has another 15% rally in it before a sell off! HUGE volume in this monster this week!
Long if SLV price breaks the neckline and tests the $27 resistance as a support. **Not financial advice, do your own research**
The 200 SMA dynamic support lines up with the middle of the pitchfork and demand zone. Very high probability trade setup IMO.
I’m long on Silver. The metal used in jewelry and industry. Right now, myself and others are buying up all quantities available. Silver is on back-order right now because we are all buying when available . PSLV and AG are two stocks that I have and recommend for at least a year or two, or until they trend down for more than three weeks ~
Expecting the same pattern to repeat in this bull market. Bull thesis: - Money goes brrrrrrr ; - Hyper-inflation; - rising yields; - silver/gold as a safe haven;
We have a weekly TD9 on GLD, and some major divergences showing up across the Gold chart. I believe today is a major swing bottom.
I read a stat somewhere that the US is printing the equivalent of 20 WW2s per day. I know the financial system is a completely different landscape with the introduction of the FIAT-based currency compared to the gold standard, but inflation will not go unnoticed in the next months and even years. I've been long SLV since $12 and I am still long. I believe SLV...
Back in 2008 I began trading Silver from the bottom to around $40. I knew it was time to bail because every person I knew was talking about Silver and Gold. I like to call this my "People Index". At the time I had no idea why that was the correct move but I just knew it. After cashing out, I realized it was time to figure out the "Why". Come to find out Silver is...
I am bidirectionally challenged most days but today I am not. I did buy massive amounts of puts a few weeks ago on SLV because the Comex is short, hedge funds are trying to offload all of their Gold and Silver, the Market is in a down turn, economic output is declining, Stimulus is drying up and rates are rising. Meanwhile "inflation" is really deflation out of...
The big banks will not be able to hold the floodgates much longer. They will fold and cover their shorts. At least one of them will go bust. They will be investigated for racketeering, price-fixing, and corruption by the DOJ, SEC, FCA. Silver is going to $41 nobody can stop it. It is already for some of us for physical. The price of physical including any premiums...
Dear viewers, followers, silver lovers, reddit traders, all in one (we are together) Thank you for taking your time to read the information, that i am sharing with you all for free and backed by available research on internet. Firstly, i will take the credit of being the early retailer that get into SLV last year in april when prices were hovering around $14,...
Bullish ascending triangle forming on silver on the weekly chart. The price target is $48.55.
$SLV has three chart signals that may be signaling a strong upward move! 1. Triple bottom 2. Cup and Handle formation 3. Fib 61.8 retracement