Bounce off of long term trendline. Looking for 9-10$ in coming months. Fibs, EMAs, trendline...etc. Bought Call options
Yeah... Again, this is another stock that's been added to the meme basket. Yes... a Silver Mining/Trading company was added to the Meme stock basket... it didn't make much sense until i saw they added this yesterday and that AG has earnings TOMORROW. The only reason to add things to the meme basket like this is obviously to make meme stocks go down with a helpful...
Please 1st of all click the boost 🚀 button if you want me to post more ideas and follow me to support my work! It's absolutely for free. This is follow-up to the idea I posted 3 months ago when I called falling wedge breakout to the upside. XAGUSD is doing really well since and now is heading into strong resistance cluster created by zone 24.15-24.40 and by...
crab harmonic pattern: X=$201.6 A=$0.02 AB=0.61 XA BC=0.38 AB 0.78 BC=$3.76 0.88 BC=$4.68 1.13 BC=$7.97 1.41 BC=$14.7 1.6 BC=$23 0.78 XA=$28 2 BC=$53.4 0.88 XA=$70.5 2.24 BC=$90.2 2.6 BC=$206 1.13 XA=$668 3.6 BC=$1835 1.27 XA=$2474 4.23 BC=$7087 1.41 XA=$8830 1.6 XA=$60087
🥇XAUXAG🥈 heading to strong resistance level. It's confluence of trendlines and 50% fib retracement of the initial impulse breaking the major uptrendline. I expect backtest of it and possible reversal which would be bullish for both metals. Check my other stuff in related ideas. Please like👍, comment🗣️, follow me✒️, enjoy📺! ⚠️Disclaimer: I'm not financial...
Please 1st of all click the boost🚀 button if you want me to post more ideas and follow me to support my work! It's absolutely for free. XAGUSD backtested twice the previously broken violet downtrendline (zoom out) and it held as support. Price recently bounced up and now breaking the falling wedge. If the break is successful then we could see price rising to...
One of the bigger green candlesticks we’ve seen on the daily chart for silver in awhile…would not be surprised if this breakout takes us to the $22 measured move target. The 1day 200 ma(in blue) will be waiting in that zone to likely provide resistance. *Not financial advice*
Seeing an Ending Diagonal forming on Silver at the tail end of a 2 year 3-3-5 Expanding Flat correction. Could see upside soon.
I expect more downside in miners if perceived hawkishness from the fed is maintained. Soon though, they'll cave and sacrifice the dollar to do what they think will save the markets, which will lead to an explosion in precious metals. These miners will be the ultimate levered trade on the coming fed pivot so be ready to reverse to long.
I am flattered to have had a request for a chart. Special thank you to @RocketFuel20 🙂 My view of this chart is that the price action is somewhat inconclusive at the moment. That said, we CAN summarize a theme for which there is evidence to believe that this AG is NOT YET ready to buy: How does the price behave? Following a top, we observe from August 2014...
Please see picture for analysis. -Price is reacting off of demand/support that's been holding for 2 years now. -Still a very high demand for REAL physical silver. -Waiting for confirmation. Thoughts? if you like it don't forget to hit the like =)
"Decade of zero returns" for the stock market = Shortening Bear Market for Commodities Price target = $50 Fractal backbone + Room in technicals for such move. Price target was established in June 2021. Time frame pushed up in anticipation of 2023 bear.
AG (First Majestic Silver) is looking good to us. Gold and the miners have been performing well so far. We see opportunity here. - HH
See picture for top-down analysis: -Short Term Downward ML Break -opposing zones removed -People might think it's a great demand setup which I agree but taking a look at the overall price action over the last 7 days, you can see price is making overall LL/LH by about .6% -If someone bought at this demand then using a structure SL is recommended. -Low risk reward...
$AG is looking good for a 45% rally towards target zone. The move will play out over a few months. Enjoy! Cheers, Keops
Took profits on my SOYB position for some nice gains considering a lot of downside in the equities market. On a monthly time frame, SOYB is approaching resistance zone so I took profits and will be watching to see how price reacts here. I'm expecting retracement / consolidation here before continuation to the upside or back down from profit takers and sellers...
Requested by @RocketFuel20 Not financial advice. The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.
*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management !! This chart analysis is for reference purposes only !! If you want to...