Silver will follow gold and then some. With the ratio of silver to gold
now standing at around 88 to 1 or so, it necessitates a sharp eye to be
focused on silver.
Three wedges jump out at me 1 down, 1 up, & now the latest wedge is
down. I like wedges of both types and in silver's case this latest one points
in only one direction and that is down, which means the price will break upwards!
If that sounds a bit Irish then that's good! So I'm calling a long on silver (as usual).
Use of protective stops is recommended.
Any price under US$15 (currently $14.77) is a definate long for me.
I thought that I was seeing double, but then a third wedge appeared
and now I'm seeing triple.
This wedge triple is apt for silver, and makes sense to me!
It reminds me of the song: Buy, buy, baby buy buy! :)
Disclaimer:
This is not trade advise! No liability will be accepted for your trading losses!
RaSantana's ideas or publications are meant for educational purposes only, and are
given in good faith! If you are unsure or have any doubts about your actions, you
should seek advise from an investment advisor!
It must be realised that I am a human and as such, even I can make mistakes! :)
Errors in judgememt and misinterpretations can and will occur, so trade at your own
risk!
I hope that you will find some of my ideas helpful & useful, and if you like them I
would encourage you to click the LIKE symbol.
Wishing you all the best of luck in your trading and investment activities!
now standing at around 88 to 1 or so, it necessitates a sharp eye to be
focused on silver.
Three wedges jump out at me 1 down, 1 up, & now the latest wedge is
down. I like wedges of both types and in silver's case this latest one points
in only one direction and that is down, which means the price will break upwards!
If that sounds a bit Irish then that's good! So I'm calling a long on silver (as usual).
Use of protective stops is recommended.
Any price under US$15 (currently $14.77) is a definate long for me.
I thought that I was seeing double, but then a third wedge appeared
and now I'm seeing triple.
This wedge triple is apt for silver, and makes sense to me!
It reminds me of the song: Buy, buy, baby buy buy! :)
Disclaimer:
This is not trade advise! No liability will be accepted for your trading losses!
RaSantana's ideas or publications are meant for educational purposes only, and are
given in good faith! If you are unsure or have any doubts about your actions, you
should seek advise from an investment advisor!
It must be realised that I am a human and as such, even I can make mistakes! :)
Errors in judgememt and misinterpretations can and will occur, so trade at your own
risk!
I hope that you will find some of my ideas helpful & useful, and if you like them I
would encourage you to click the LIKE symbol.
Wishing you all the best of luck in your trading and investment activities!
