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.
$ks.v #sitfolio #silversqueeze #silver #fintwit
Interesting technical situation on 4h Chart.
After rapide first move, prices a pending in a wide range.
But - it seems, that old buyers are convinced, that more potential is in it.
OBV looks very good, but it seems that a many speculants are in it.
So - be aware of prices below 0.10 CAD - maybe better to wait for clear break out upwards,
have a good...
More arcs showing the downtrend slowing down.. basing.. and up trend resumption! Add to that the monthly chart weight, and you got a potential, higher probability move baked in! 0.58$ target, now less than 0.09$. $KS.v #gold #silver $slv $gld #fintwit $sil $silj $gdx $gdxj
Klondike Silver Corp. engages in the exploration and development of mineral properties. It focuses in the silver lead zinc production. Its project portfolio includes Silvana and Silver Mile. The company was founded on March 2, 2005 and is headquartered in Vancouver, Canada.
TSXV
