I like the breakout, volume spike. First target $52.70, after that...sky is the limit if the commodity keeps pushing higher.
Potential long entry above $47.00 Target price $50.00
Looks great SIL burned time off the clock and worked off any divergent high potential. strong gap over resistance and retest. strong breakout with volume over the channel and we should see 90 on this.
NOT TRADING ADVISE...FOR ENTERTAINMENT ONLY...FOLLOW
Another 6 month candle chart for silver senior miners. Reverse symmetry move should have it +70 in next 2 months!?!? Beware of heights. Maybe Q1 2021 for the conservatives? WOW. #debt #gold #silver $slv $gld #fintwit $sil $silj $gdx $gdxj
Bear flag gone too long. I would say load the boat with gold and silver stocks. Good luck !
If SIL can hold above 44.5 the next few days, we could see a breakout to 66, 67 over the next few weeks. If not, it could drop as low as 40 before a bounce. That would not be surprising either as we're in a time of extra volatility likely for the next month. If it drops much below 40 I would get the hell out of all stocks.
from march low til now SIL outperforms SLV Disclaimer, this is only for entertainment and education purposes and doesn't serve by any means as a buy or sell recommendation.
Silver miners are a confirmed buy on harmonics and show extremely overbought short-term conditons. SSTIS is a short-term sell with a long-term buy signal. 2D MV chart is a confirmed buy with an MVO bull surge signal.
I like silver, but I like gold even more. Dollar is going through the shredder from now on it seems.
ADX over 25, and the price seems to be breaking out of trendline on the weekly chart. (Note that I am displaying the daily chart)
Silver Miner Stocks, Broke out from Resistance, Retested Support Level, above MAs(CrossOver imminent). Stocks, front-running the metal's break out ?