hanzhao311

hanzhao311

Silver on the 4 hour has its choppiness index line breaking down the 45 level which indicates trending (UP) momentum. ADX at the same time is about to break up the 0 line. Next couple of days let's see if it can push back to R2 and R3 (weekly) at around 28.4 and 28.95$ respectively. Disclaimer, this is only for entertainment and education purposes and...

hanzhao311

being bullish for MANY YEARS and now it is finally having its day now. Unfortunately I sold some of the shares to participate in the "silver squeeze" for which I regret so much that I don't have as much Platinum as in 2 weeks ago. Will gradually buy back my PT shares with market dip or not. Seasonality wise PT will outperform in the next couple of month....

hanzhao311 Updated 

Many indicators point to a high breakout for silver at this point But one of the most reliable ones is the ADX. In this 3 day chart it is extremely bullish for the ADX to finally crosses up the 0 line which signifies the upward movement is gaining very positive momentum. The very last time it did this was in July 2020 before the parabolic move. The choppiness...

hanzhao311

I have been covering the ETH for a long time and has been always bullish on the coin. Still a firm believer that the rally will have much more room to the upside. For the short and mid term technical we should be looking at the 1410$ and then 1310$ for the possible downside and support area. should it get to these area it would be great opportunities to add to...

hanzhao311

Price is at 50% retrace from Nov 3rd at around 86$. major support at the current price level. I believe it is still ARKG's top holding at the moment with lots of the biotech took a hit since beginning of the year. This might be a golden opportunity to get back into the CRSP/EDIT/NTLA stocks. I am starting adding to my positions. Disclaimer, this is only...

hanzhao311

if SPX falls below 3670 level then it would fall back to this long term channel outlined in the chart. over-simplified view of he index but it might just work. Disclaimer, this is only for entertainment and education purposes and doesn't serve by any means as a buy or sell recommendation. Personally I hold both long term long positions and occasionally short...

hanzhao311

Lets see how it would react to this level of resistance of 100 EMA. Also monthly R1 is where it is. Disclaimer, this is only for entertainment and education purposes and doesn't serve by any means as a buy or sell recommendation. Personally I hold both long term long positions and occasionally short term short position, for disclosure purpose.

hanzhao311

The Ichi cloud seems to be thinning as well which could mean that the resistance is getting weaker. Looking for this one to break above the Ichi cloud soon in the next couple of weeks. OBV is super strong. CMF is still a little weak but is approaching the 0 line. BB breakout of the Dev2 upper bound with BB Bandwidth creeping up from low. Price is touching...

hanzhao311

The current setup resembles somewhat to March 2020 in that RSI and CMF are both showing bearish divergence in play. Watch the trend line and how the indicators transpire in the next couple of weeks. Disclaimer, this is only for entertainment and education purposes and doesn't serve by any means as a buy or sell recommendation. Personally I hold both long term...

hanzhao311

paying attention to the decade long chart for silver you will notice that 26.3 is a major resistance for the metal. the price was the swing low in June/July 2012 and Sept 2011. Disclaimer, this is only for entertainment and education purposes and doesn't serve by any means as a buy or sell recommendation. Personally I hold both long term long positions and...

hanzhao311

weekly chart strong upward momentum with potential weekly Pin bar. short interest is huge on this worst NASDAQ stock in 2020. SETTLEMENT DATE SHORT INTEREST AVG. DAILY SHARE VOLUME DAYS TO COVER 01/15/2021 2,128,199 5,444,345 1 12/31/2020 2,569,607 1,925,017 1.334849 12/15/2020 2,086,305 6,122,246 1 11/30/2020 1,676,599 2,414,442 Disclaimer, this is only...

hanzhao311

Pin bar spotted on the weekly chart. Gold will follow silver up? Disclaimer, this is only for entertainment and education purposes and doesn't serve by any means as a buy or sell recommendation. Personally I hold both long term long positions and occasionally short term short position, for disclosure purpose.

hanzhao311

" The silver story has changed radically over the past year. No longer are the big shorts capable of putting on major short positions knowing that they will get out with big profits. The biggest threat to the big shorts in silver is that investors seem to be awakening to the fact that silver is the cheapest commodity on the face of the earth. The only reason it...

hanzhao311

Finally and unexpectedly by many analysts Silver achieved something big this week at the end of the month and fulfilled seasonality January gain of about 3% while other key futures under-performed in the month. At the same time STC indicator on weekly finally crossed 0. Reddit users are chanting the silver squeeze which is long overdue. Let the run begin. ...

hanzhao311

As of now price is chewing on the tails of the Pin bar but the Pin is still in the play. Look for price reversal to the upside still. Disclaimer, this is only for entertainment and education purposes and doesn't serve by any means as a buy or sell recommendation. Personally I hold both long term long positions and occasionally short term short position, for...

hanzhao311

This could be a good sign for upward continuation. Watch closely next couple of weeks. Next 20 more hours will see if this Pin bar holds or not. Disclaimer, this is only for entertainment and education purposes and doesn't serve by any means as a buy or sell recommendation. Personally I hold both long term long positions and occasionally short term short...

hanzhao311

Watch out here. If the 0 line holds it would be bullish given the strong seasonality. Disclaimer, this is only for entertainment and education purposes and doesn't serve by any means as a buy or sell recommendation. Personally I hold both long term long positions and occasionally short term short position, for disclosure purpose.

hanzhao311

StocRSI bearish divergence with price. Disclaimer, this is only for entertainment and education purposes and doesn't serve by any means as a buy or sell recommendation. Personally I hold both long term long positions and occasionally short term short position, for disclosure purpose.