SLV trade ideas

timwest Wizard

Over the course of the next week - I think you can see the emergence of a 20%-30% rally in silver in the first half of this year. Whether we see another decline to wipe out all bullish sentiment and provide a fertile ground for a much bigger rally or whether prices maintain these 1-month new highs and then gradually work their way higher and then accelerate as...

FractalTrader

SLV is running into cloud resistance on the daily chart, and likely completing a wave 4. One more wave down is needed if this is an ABC correction, otherwise it's a 3 in which case a larger correction is underway. Either way, lower prices should be coming in this metal.

_moneyhours

Buy @ 21.14 on 31stOct with initial stop @ 19.78 Stop @ 19.78 on 13Oct2013

Vinny10

Bullish pattern overall, BUT Gold seems it wants to form a Bearish Sym Triangle. Keep a look out. Either way, it has to pass 200MA & Upper TL

Jared1256

SLV forming what I think is a cup and handle. If it breaks prior resistance it should move into a long term UP trend.

Robertlesnicki

The SLV is bouncing nicely off its trend line

Robertlesnicki

Weekly view shows inverse head and shoulder pattern is still intact

CRInvestor

My 'BoT' model (a simple yet effective way to play AB=CD Fibonacci price patterns) suggests the SLV is a weekly buy at $21.98 with initial stops 1 tick below the swing low of $20.45 (154 ticks risk) and an ultimate upside target of $26.45 (458 ticks). This is a simple play off the gap fill rejection of last week. Should that gap fill rejection fail to hold...

Robertlesnicki

Chart visualization of what I'm expecting silver to do over the next few weeks

sublimares2

$SLV attempted to break above the macro downtrend line (blue) and fill the gap- unfortunately with no luck this time. Whether or not is going to form the ABCD bullish pattern ( the leg D @15 in December 2013, if AB=CD in time) or only re-testing the last swing low and reverses, the micro pattern looks bullish. If the reversal takes place next week or so, than a...

JederkannGlueck

Just my personal opinion - I'm long already, maybe to early. Should have waited for a bounce at 20.50 . . . let 's wait again. patience will pay off

Chartaholic

Silver needs to re-test 18.00 level

JederkannGlueck

SLV in a presumably short (small) correction, if new uptrend line holds. I am long with a stop at 21.75. I don't know the probability of the trade, but if I get stopped out, I'd make sure to get in soon again, if the correction never goes under the new uptrend line. But I suppose the correction shouldn't be deep. This is my personal opinion only.

longshort

SLV has taken out resistamce at 22.34 Looks like SLV has entered the yellow gap gap at the lower bound, but not quite sure. Anyway I expect that the gap should be filled and then I consider a full or partial exit. At around 26 there is a heavy resistance line!

nmike Mod

Since this idea worked out quite well last time I'm republishing it with the updated clones. It is interesting to note where SLV last low swing point touched , right on a clone channel boundary. Last week SLV finished with a gap up big green candle breaking the reference channel boundary and a close above the 20 ma. Current upside momentum favors the blue...

longshort

Like published in SLV III 3 weeks ago (While long-term bearish, I'm as of now short-term bullish about SLV: looks much like in price, OBV and DMI.) SLV has jumped up very nicely!!!

kocurekc

SLV held the 17.77 ($18 Fib lvl) and has put in a near term base with nice heavy volume. Volume is dropping, but if the OBV can start trending up, we might have found a BTM. Lots of resistance looking up, but a good upside with your base @$18 established. Ending QE-Inf and economic concerns may provide the upside momentum, along with longer term...

longshort

While long-term bearish, I'm as of now short-term bullish about SLV: looks much like in price, OBV and DMI.