$LODE Would also be one of my top picks if we are entering a Silver Bubble over the next month. You can clearly see that it's a reverse split and has the lowest float for a silver miner that I could find. This came after a surge in retail trading pushed the price of silver to an eight-year high. As the war between Reddit board traders and hedge funds continues,...
The silversqueeze has caused a breakout in silver with the price now backtesting the resitance line. This must hold above $27.74/oz or this rally will be short lived.
In our previous analysis about the silver market, we have mentioned about the possible end of the ABC correction. We described it as a running correction where wave C consists of 5 fives. As a consequence, the market seemed to be ready to create another impulse wave which occurred at the of the previous week and today. From the technical point of view if the...
A potential cup and handle pattern was forming around a possible wave 2/wave 3 transition that would have finished in a bigger move that roughly lined up with $50 silver around the end of the year. The initial move off the March low didn't follow fib levels but does resemble a 5 wave move followed by some consolidation so it was primed for a move which is the...
SILVER & XRP ... IT'S THIS EASY, PATRIOTS!!! THE TRUTH IS... IF YOU'RE HERE FRETTING OVER CHARTS & TECHNICALS, I DON'T THINK YOU REALLY GRASP THE MAGNITUDE OF WHAT'S ABOUT TO HAPPEN & FOR THAT ALL I CAN SAY IS PLEASE FOR THE SAKE OF YOUR FUTURE SELF, FIGURE OUT A WAY TO SECURE AS MUCH PHYSICAL SILVER (AS WELL AS THE DIGITAL ASSET "XRP" WHICH I'VE LINKED A CHART...
PAAS target is $55. The hype in silver will be massively bullish for senior and junior silver miners.
Video breakdown on the $SLV squeeze talked about in the WSB! What does the chart say, and what are your levels?
The trading structure of the markets is changing, there will be a revolt against global brokers.
I'm sure everyone is only reading this because you have heard of the #SilverSqueeze that's trending everywhere. If you are congrats. You're smart enough to know that investing in Miners is the smartest play of them all, which will most likely yield the greatest returns. I'm not going to give my full Investment thesis, because I don't feel like typing that much...
For the record, I hold both and I'm a fan of both. It's no big secret that Ether is a huge performer of recent weeks and has some great potential upside in it. Silver has been consolidating but was coiling for a breakout even before the silversqueeze campaign. (One of my other charts shows how that has kicked off). We're showing signs of exhaustion on XAG/ETH so...
A few quite prominent analysts have bashed the idea that the campaign is behind silver's ascent, saying it was due a breakout. It is true, Silver was due a breakout as was Gold. Platinum has arguably broken out and fallen away. As the chart shows, I think Silver would have been slapped down like the other two (as has happened several times in the last few months)....