Weekly log chart, nice bounce. If we duplicate the % gain, you can see the target from here. Potential 4x return?
On high timeframes, we seem to be continuing the trend of forming lower highs. The rejection of price at $15.49 gives me the setup I was looking for to think $SILJ is going lower. On top of the rejection, the RSI is overbought, the moving averages on ichi are stretched with price above the moving averages giving me reason to believe price will snap back lower,...
Zooming out to weekly time frame for silver junior miners vs silver. The move could be violent out of the gates. Still sleeping.
Silver junior miners are about to mount a tactical offensive thrust upwards.
This chart shows two possibilities of interpretation: a bullish case drawn in yellow and a near term bearish case drawn in red. I found the concept quite aesthetic. On a personal note, Team Yellow.
I posted earlier to day that I think the major pivot for silver is now in...likewise, I expect a major move for SILJ....we should be starting wave 3 of the submicro wave.
Want to make like 5x plus on your investment really soon...long SILJ. I expect silva (XAG) to more than double over the next 6 months....SILJ should 2-3x that move in XAG....
3 times arcs.. 2 have failed. Rate of change telling us a little about the story when the setups where there...
Why all the long faces? Some technical daily defined road maps for a move back upwards.
The SIL and SILJ ETF's are both following a classic impulsive pattern that began with our low in the spring of 2020. After a powerful 3rd wave blow-off rally that peaked in the summer of 2020, a seemingly endless 4th wave correction has been grinding away all hope in the metals sector. However, we may have reason to be bullish as there are clear signs that the...
In my humble opinion silver miners are the buy of the century right here. They are incredibly cheap when compared to other assets and they have fallen out of favor with most investors. No analyst are really covering them at the moment...and with most other assets (e.g.- equities and real estate being at all time highs) precious metals are the one that I am...
Will be interesting to see if this plays out on the daily. MACD on the weekly already is showing some strenth.
I came up with this one...have not seen it anywhere else...but it does seem to fit nicely....boy if this is correct, we are about to truly moon!!!
Distance from 50 day moving average showing some momentum change in favor of junior silver miners vs bitcoin.
Limit buy: 13,0$ Target: 1№- 15,65 2№- 17,40 Risk/Reward Ratio: 1№- 2,94 Stop-loss: 12,10
2023 top for Junior Miners vs Silver itself. Arc still holding on monthly chart. Still need to wait for monthly close to confirm
I see SILVAH being the best play available and it is about to break out hard...(See previous post). With this in mind, I am loading up on junior miners...SILJ is one way to play the silvah move with some leverage. Expecting great things soon!