300M Market Cap Australian Silver Miner
Ticking Time bomb
The commodity sector about to explode and obtain huge capital inflows
The commodity sector is about to soak in major deflationary pressures from the equity/bond and the currency space which is in the multi-trillions. Total Silver sector only 1.4T
if you are betting on the price of Silver to go up in the...
Could be a monster move in the making here on the monthly. If silver price gets squeezed, be sure to get an early parcel of this company. Alot of upside potential if it breaks 37c.
Will look to start buying this based off silver chart. If gold cracks 2000, silver is usually correlated with the movement aswell, so i expect big upside from this company SP.
Silver Mines is a leading Australian silver exploration company which is listed on the Australian Stock Exchange (ASX: SVL).
SVL Silver is on an uptrend and keeps stacking the bullish momentum.
The recent pattern shows a great entry for buy.
Please hit the 👍 LIKE button if you agree with my view, also you can leave the comment below.
Chart painting from the early 21st century, artist Maxi Scalibusa. No investment advice or a recommendation to buy or sell any securities. This is entertainment. Start 0.230 AUD
SVL silver mining company on the ASX is trading within an ascending wedge pattern whilst forming a small positive divergence on the RSI. There is a gap below to be aware of that may be filled if price breaks down from the current pattern.
Disclaimer: I own this stock with a buy price of 0.23
Big jump today on this stock which has had a protracted bearish distribution.
Worth a long in my opinion with the recent pump on silver.
Naturally occuring, available quantity of gold/silver has a ratio of 1:8, yet the price ratio is 1:70!
ASX listed SVL simple trendline support on daily + seems like volume is decreasing on the down waves and increasing on the upwaves. Divergence can also be seen if you overlay the Monster Cumulative Delta indicator however It gets a bit messy so i left it out.
just noticed williams vix fix is in the green as well indicating a bottom.
This trade is something ive been building into over the last couple months to gain a leveraged position into Silver through my choice pick Silver producer.
If you managed to catch my trade call on Silver yesterday, well done!!! make sure you bank those profits and don't hand them back!
I'm very bullish on this stock due to the stocks positioning being outside of...
At its peak in March 2011, the price was $24.80c. This is the weekly chart - price is breaking out at $0.16c today. The dotted pink line was a trendline on the daily chart, that was broken in May. The price came back, retested & has started moving up. Seek your entry point wisely if you choose to buy/sell
