This was a requested chart. Everything you need to know is on the chart, thus I will not explain anything else here, but TV is making me type some shit out so this is just me typing some shit out so I can publish the idea. You're welcome.
Always excited to find new gems in the making and SILVERGATE Capital is exactly in this category.
Silvergate Bank is the leading provider of innovative financial infrastructure solutions and services to participants in the nascent and expanding digital currency industry. We leverage our technology platform and our management team's expertise to develop...
Implied Volatility Suite
Comments: This stock looks really bullish but IV is high so proceed with caution.
DISCLAIMER: All opinions are my own and are not intended to be a recommendation to buy or sell any financial product.
PTP is past trend prediction that finds the same move in the past.....
this is different than the below...
I made a key code of the price action then found an exact match to this move in the past.... one that matched at lease 95% or better. That way if the move is that close to the same shape we have now it must mean the sentiment of the market was the same at...
$SI Silvergate Capital - Hitting the bottom of its recent range with a possible bullish hammer candlestick. High probability of a near term bounce.
Bullish Unusual Options Activity:
$2.1M of May $110 calls bought today (7x open interest)
Near term target: $160-$170 range possible by early May
Note: This is NOT investment advice. Educational only.
Looking at Silvergate Capital Corporation hourly chart it still is looking a little choppy, will be waiting for a slight retracement and then will go long if I am able to get filled at a good price. Looking at the daily, silvergate looks ready for take off.
I've been watching this after it's pullback and waited for it to break the horizontal trend line before entry. I was looking at that line as being somewhat of a Darvas Box... You can see my entry and stop on the chart. I think this will continue to challenge old highs. TBD. Ideas, not investing / trading advice.
This could reverse from here but i personally wouldn't buy until it gets into the green zone or bounces off the 21W MA. RSI has been coming down. Good volume. Possible entry here for risk takers. Not financial advice. DYOR.
Silvergate could become Capital One
From out of no where and then right to the top for its early investment in Crypto.
but i do see a 20% correction pattern - but maybe this time its different
not financial advice
for example i thought it would fall yesterday and it did not - i was wrong.
maybe next week? who knows ? not me!