Dollar is finally topping and with Central bank gold reserves up, silver ready to pop. Short tern EXK upside 5.93 for a nice gain.
Commodities are going up. Looking for new investesments looking diversification on different markets. 1. Silver is second raw material that comes out wherever mining is looking for something else. 2. Every electrical company in the world wants the best electical conductor ever. 3. Levels are related with silver price increase.
Loving the look on all these precious metal charts. Nice double bottom here on EXK on the weekly, at the PCZ of a bullish shark. Could also be interpreted as a bullish dragon, or Bearish bat on the CD leg now. I think minimum 6.75 looks good historically. The Bat would bring you up to 7.30, and ABCD targets at 8.84 and 10.60 for the full dragon.
$EXK Target 6.85 for 21.02% (47% from here) Or next add at 3.96 (Support) ----- — On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average. ONLY ADD at support levels & FIB levels… labeled I start every position with .5 - 1% of my account and build from there as needed...
Entry: 5.50$ Stop: 4.5$ Target: 7.7$ Risk/Reward-Ratio: > 2:1
$EXK Target 7.59 for 18.59% Or double position at 5.21 I like the way this one moves... but I guess we will see in slow motion how it moves, ha. GL. — On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average. I start every position with 1% of my account and build from...
17.90 to be exact. NFA, DYOR. Never blindly follow lines on a screen, drawn by a dog.
Chart pattern: Double bottom Entry: Monthly close above 6.91$ Stop: 5.30$ Target: 12.40$ Risk/Reward-Ratio: > 3:1
EXK is looking very strong. Price is right below 9 years resistance line. If we breakout this time perhaps it can lead to ATH. Previous 5times failed.
I pulled EXK from a FINVIZ screener setup as I attempt to search for potential swing-trade stocks. I'm still very new to this and trying to understand proper trending, support, resistance, etc. I THINK I see a pretty strong upward channel showing fair areas of support (horiz. blue) and moving a little sideways after a brief peek through a $6.02 resistance....
Price target generated from first leg of symmetrical triangle (roughly $13 to below $1 = 13x), 13x from $5.50 resistance level = price target zone.
EXK This name has had a great run but if there is a "silver squeeze" it will explode up. Rather than chance it at these levels we will be SELLING not BUYING At The Money VERY high iml vol LEAP PUTS. Not advice and again DO NOT DO THIS TRADE IF YOU DONT KNOW WHAT YOU'RE DOING
Silver should even outrun gold in 2021. Candadian silver miner with healthy stats is a great choice to keep in the portfolio for this year.
Bullish Pennant, confirmed! Pros: Descending volume during formation Volume increase at break out PPS above 50MA and 200MA RS above 0, and ascending ATR Ascending R/R ratio above 7 250RSI above 50 200MA Ascending Target: PT = 6.11$
Endeavor SIlver is destined to reach 8$. $EXK #patience #gold #silver $slv $gld #fintwit $sil $silj $gdx $gdxj $dxy