AMEX:SILJ Additional Long Entry on retest/hold of former Bull-Flag Resistance-Turned-Support - filled @ $13.92 w/ a stop at $12.23, targeting the Measured-Move/Bull-Flag-Pattern-Completion-Target near the $24.57 zone in 1H-2021. Reward-to-Risk ratio a healthy 6.4:1. Giddyup!
Silver junior Miners still consolidating. Stan Weinstein's Mansfield Relative strength indicator vs spot silver will show the way. Time bomb waiting to happen. A close above +19 will send this flying to +32.
SILJ has been flagging for the past few months ( as with metals in general). We have what appears to be a breakout. RSI also appears to have broken out as well - perhaps watch for a back test of the resistance and a move to ~$25 in the next few months.
It's definitely GO-TIME... reverse symmetry move on 6 month candle chart showing the way, already behind schedule. Am i the only one FULL bullish over here? #gold #silver $slv $gld $sil $silj $gdx $gdxj
Easy move up the perfectly created building blocks. Nothing abnormal here, just beautiful price action with time reduced point and figure chart. Am I the only one using these? I feel soo old school. Anyways, 16.10$ then 19.25.... THEN +32$. Remember, in a precious metals bull era, consolidation patterns have a tendency to resolve upwards. Enjoy! #inflation #debt...
Scenario where silver junior miners explode early November. #patience #gold #silver $slv $gld #fintwit $sil $silj $gdx $gdxj $dxy
Important base building in progress. Silver junior miners approaching point of recognition. Still early... 30$ target. #patience #gold #silver $slv $gld #fintwit $sil $silj $gdx $gdxj $dxy
Silver Junior miner's on 4 hour Point and figure chart... I'm eyeballing the strike zone... then the prize! $19.50. #patience #gold #silver $slv $gld #fintwit $sil $silj $gdx $gdxj $dxy
Weekly Chart... Great looking running start possible for Silver Junior Miners... #patience #gold #silver $slv $gld #fintwit $sil $silj $gdx $gdxj $dxy
Many roads to Rome... Silver Junior Miners deciding a longer road... dragging on your patience levels. #patience #gold #silver $slv $gld #fintwit $sil $silj $gdx $gdxj $dxy
watching. small reentries. awaiting confirmations for bigger long.
Big volume coming into the mining sector thanks to Buffett and Sprott kicking off the buying spree
SILJ on the pullback this week. Where's the next buying point?
which will close the gap?
I am an accumulator along the 5 EMA (white line) From left to right are four candlestick views: quarterly, monthly, weekly, daily
Idea for long entry as silver rebounds on the pullback.