Should have published this last week. SVM is good play on Silver to Gold ratio and VIX about to shank some sharks.
Below $2.25 would've been good entry for short hold. Still an options play.
SLV might be another as broader fund.
Metals have been showing signs of bottoming (possible not yet confirmed) with commercials not increasing their selling.
If metals run, we could see a great Run up here with great Risk vs Reward. Usain Bolt Style to Ocho Ríos.
We have been having lots of social conflicts, war tensions, etc lately.... so better to have this metals on watchlist.
Silvercorp Metals Inc. is looking like it is ready to continue following its upwards trend. As stated on the chart, there are several bullish indications that support why I believe this will continue to climb. If price breaks above the mid reg line, I am watching for a price target close to the upper lin reg line around $4.65 - $5.00
Trade valid until price...
