It possible ABBRF will keep it's down trend for now, but I believe once they release the new silver/gold amounts it could break highs. Watch out for news release.
Having taken profit at $0.63 I have been waiting to get back into AbraSilver. I am looking at the lower channel line to provoke a reaction upwards. However at current price one can scale in, a falling knife wouldn't be dropping a heavy blow to inflict injury to holding position.
Overall this is looking very strong. Silver is ready to retest $30 an ounce any time soon. Abrasilver is looking very strong on a daily chart and if I am not mistaken on a monthly chart Cup and handle are forming - if that is the case we will have some correction before taking off to the moon which is inevitable. Also RSI on daily is going to meet some resistance...
Abra is proving even stronger than people are hoping, and seems to be going strength to strength. Here is a possible forecast for next lift-off.
Low risk high reward Silver play, largest position out of my miners.
Just a small revision to highlight the dip / retest thanks to the H&S in the RSI. I failed to show that on the first version so a revision is in order!
This darling of the silver junior miner world has already had a massive jump, and with a Silver price high incoming in March, it's perfectly set to go Sky high!