I believe we are on the cusp of a major decision. Retesting the descending trendline has potentially created a strong bull flag. If it bounces above 30 cents I think $1.00 is inevitable and the setup for the 5th elliot impulse wave is strong. Of course, a huge rise in the silver spot price is a must for this to be possible.
Klondike Silver. Getting in on the ground floor on some of these baby silver plays.
Klondike Silver has retraced 61.8% of entire move off March lows. Still above inclining 1&3 year simple moving averages and HUGE volume defined base. $ks.v #sitfolio #silversqueeze #silver #fintwit
Interesting technical situation on 4h Chart. After rapide first move, prices a pending in a wide range. But - it seems, that old buyers are convinced, that more potential is in it. OBV looks very good, but it seems that a many speculants are in it. So - be aware of prices below 0.10 CAD - maybe better to wait for clear break out upwards, have a good...
Getting greedy with Klondike Silver - 10 Bagger incoming! Klondike is setting up to become a 10 bagger in the coming months.
As of now, Klondike Silver hasn't given back any gains after rapidly reaching the pole-flag target. Higher up targets, but correction first?
Take-off successful. Destination moon.
Does the ticker even matter? What If I told you it's in a bull market, in a bullish sector?
More arcs showing the downtrend slowing down.. basing.. and up trend resumption! Add to that the monthly chart weight, and you got a potential, higher probability move baked in! 0.58$ target, now less than 0.09$. $KS.v #gold #silver $slv $gld #fintwit $sil $silj $gdx $gdxj
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