Silver will be blowing up soon make sure u don’t miss it!
Silver broke out of a descending wedge, a consolidation after its February 2022 run. The 2X silver fund AGQ is looking great here with a technical breakout retest. A bullish MACD cross will likely send this to $50 + then it is going much higher with silver. Precious metals are about to have their moment as stocks and crypto sell off.
Have been long on Silver ETF for almost a year now. Added more during the recent dip. Can retest the $70 high - that's 80% upside
If Silver manages to break its all time high, I believe AGQ will pass the $400 resistance and reach the next level of resistance at $2500. This will leave us with a 6000% gain. This play all depends on Silver breaking new ATH. I'd still rather own physical silver, but I've definitely thrown money into this incase it plays out the way I envision it.
CCI divergence and support makes for a decent risk reward!!
entry time: 06/14/2021-06/23/2021 entry price: AGQ ~$53 (mine DCA is around 48) account position: 25%, + 3-5% option price target: ~60-100% profit , AGQ 80-100 stop loss: will only buy more with big dips (change position into long term, wait for breakout either end of 2021 or in 2022)
Please check my previous ideas on AGQ, why I like to invest in it and the potential there is. AGQ is a 2x leveraged Silver ETF. Instead of utilizing swaps like most geared funds, AGQ invests in silver futures and forward contracts—this also means the fund is structured as a commodities pool, so it will distribute a K-1 form. Since I expect silver to go higher,...
Watching and waiting for confirmation. This might just explode to the upside if it breaks through this wedge.
The silver sentiment is much better than gold. Gold/silver bull run should start somewhere end of this month and next month. Start adding position on AGQ around 44-48. a weekly close below 55 MA should be stop loss (around 42 currently). profit target depends on the time frame rather than the price target. Note: The only thing to be aware of is the USD cycle ---...
For last 5 years the price has been so boring. Since now the price has broken out of the supply line, this ETF can move up quickly from this stage. It is also giving us a low-risk entry at this level too. People need to have patience to hold this for 6 months minimum and reap its potential. Can run to $200 level (4x) in about 12-18 months per my prediction model.
Lets get real here, the system we have know and that has brought us many wonderful things and a whole lot of corruption is approaching its curtain call. This is a play that I see being better than average in happening. The down side? None. At some point there will be a reset of the system and at that point Big Bro will pick up the ball and go home leaving us to...
Gap starts at $110. If the squeeze happens ill see you all on the moon. good entry here it's about to breakout.
Short Term Trade for Silver. We see the quick 45% drop and double bottom which occurred shortly after. From that low of 37.40 our first target is a 45% recovery + .318 = 66.20 Our 2nd target is a 45% recovery + .500 = 72.93 Our Stop Loss is at - 43.71
Short Term Trade for Silver. We see the quick 45% drop and double bottom which occurred shortly after. From that low of 37.40 our first target is a 45% recovery + .318 = 66.20 Our 2nd target is a 45% recovery + .500 = 72.93 Our Stop Loss is at - 43.71
My favorite ETF to buy. Why buy Gold at almost record all time highs? Why trade Silver futures with a high leverage that can bit me in the ass in a single day? I prefer to buy the ETF and trade it like a share✔️, thus no expiry on a CFD✔️, no huge leverage✔️, no expiry means i do the broker no favors✔️ For this trade alone I have an account on a broker just for...
We are almost there with a new bull cycle. AGQ entry price 43, but could be slightly better in the next couple of days. personally, I am not planning on stop loss for this one but if you want, stop loss at the previous low. The first profit target should be around 55. This is a monthly cycle trade that should happen around mid-Jan.
Greetings! Precious metals and therefor AGQ look attractive on several time frames for both traders and investors Here is a quick run down of why I am in AGQ as of today (p.s. this isn't financial advise, it is why I do what I do): Price action just retested previous horizontal resistance as support at 39.5 popped below the daily bollinger band and is...