SILJ trade ideas
SILJ - Tentative Signs of LiftoffSILJ often charts the best of all the metals and miners. It now looks like we have confirmation that the low back on September 24 was THE low, and we have a i-ii setup in place and we’re in wave iii of a potentially huge rally to higher highs. Again, a break of the yellow downtrend line would be a warning sign that we’re not done on the downside. Otherwise, all systems are green.
SILJ 3 rising valley Pattern, no real divergence. i would feel comfort able scalping the first move to the top trend line and watch for a breakout.
Silver Junior Miners set to impress!Are these too injured? Looks like they might of healed faster than expected. If silver junior miners stretch from 1 year sma like silver metal can do... it would fit nicely with next confluence of resistance at +17$.
Silver Junior MinersCan I get my hopes up now? Oh boy this seems legit: Out of the daily cloud, heading up the volume defined slide... out of pivot lines... 17$ target.
SILJ (D1) - Long @ Retest/Hold of Flag Resistance Turned SupportAMEX:SILJ Additional Long Entry on retest/hold of former Bull-Flag Resistance-Turned-Support - filled @ $13.92 w/ a stop at $12.23, targeting the Measured-Move/Bull-Flag-Pattern-Completion-Target near the $24.57 zone in 1H-2021. Reward-to-Risk ratio a healthy 6.4:1. Giddyup!
Looking for a running start...Silver junior Miners still consolidating. Stan Weinstein's Mansfield Relative strength indicator vs spot silver will show the way. Time bomb waiting to happen. A close above +19 will send this flying to +32.
SILJ - measured move to ~$25SILJ has been flagging for the past few months ( as with metals in general). We have what appears to be a breakout. RSI also appears to have broken out as well - perhaps watch for a back test of the resistance and a move to ~$25 in the next few months.
Catch up mode for Silver Junior Miners!It's definitely GO-TIME... reverse symmetry move on 6 month candle chart showing the way, already behind schedule. Am i the only one FULL bullish over here? #gold #silver $slv $gld $sil $silj $gdx $gdxj
Silver Junior Miners +32$ targetEasy move up the perfectly created building blocks. Nothing abnormal here, just beautiful price action with time reduced point and figure chart. Am I the only one using these? I feel soo old school. Anyways, 16.10$ then 19.25.... THEN +32$. Remember, in a precious metals bull era, consolidation patterns have a tendency to resolve upwards. Enjoy! #inflation #debt #gold #silver $slv $gld #fintwit $sil $silj $gdx $gdxj
More log volume analysis... silver Jr. miners!Scenario where silver junior miners explode early November. #patience #gold #silver $slv $gld #fintwit $sil $silj $gdx $gdxj $dxy
Silver junior miners approaching point of recognition.Important base building in progress. Silver junior miners approaching point of recognition. Still early... 30$ target. #patience #gold #silver $slv $gld #fintwit $sil $silj $gdx $gdxj $dxy
Silver Junior miner's on 4 hour Point and figure chartSilver Junior miner's on 4 hour Point and figure chart... I'm eyeballing the strike zone... then the prize! $19.50. #patience #gold #silver $slv $gld #fintwit $sil $silj $gdx $gdxj $dxy
Great looking running start possible for Silver Junior MinersWeekly Chart... Great looking running start possible for Silver Junior Miners... #patience #gold #silver $slv $gld #fintwit $sil $silj $gdx $gdxj $dxy
Silver Junior Miners deciding a longer roadMany roads to Rome... Silver Junior Miners deciding a longer road... dragging on your patience levels. #patience #gold #silver $slv $gld #fintwit $sil $silj $gdx $gdxj $dxy
SILJ Silver Junior Miner ETF 1D BZXwatching. small reentries. awaiting confirmations for bigger long.
Are You Paying Attention to Silver Mining Volume?Big volume coming into the mining sector thanks to Buffett and Sprott kicking off the buying spree
SILJ 5 EMA viewI am an accumulator along the 5 EMA (white line)
From left to right are four candlestick views:
quarterly, monthly, weekly, daily
