PSLV.U trade ideas

Marto_Jekko

8.90 - 9.30 levels could soon be history for #PSLV

ReversalJerk Updated 

PSLV • Why enter? Looking for continuation off 10ema. • Entry: 6.63 • Stop loss: 6.58 • Profit target 1: 6.75 • Profit target 2: 6.84 • Profit target 3: 7.19

fibonacci6180

Next target is 6.11/ 423,60%

luckylegs10

On the 4th bar up .. not bad for 4500 shares at 5.98 to 6.03.

luckylegs10

I swapped all my SLV at $16 for 1/2 oz of Silver per share PSLV at 5.98 =11.99 per oz Silver. There is my classic buy signal.. the inverted sliding double bottom.

luckylegs10

Oh Wow look at that? W bottom--- for the head. And then Silver signature double camel hump after a huge drop. I'm going to look up what SLV was in 8-2013. The last time PSLV was $15.

dgagli1

Wait for wedge to break before buying or feel free to accumulate at this time. Paper price to ~$25 on SLV

timwest Wizard

Note the chart and how I suggest entering this market. The market has to be a bit lower in order to provide the entry. However, I would suggest selling puts against cash, which is also known as "covered puts". I have recommended this before and it turned out successfully. If you search SLV here at Tradingview you will see my other charts on SLV. I like to...