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SVM

$SVM | Allocation | Market Exec & Buy Limit |Technical Confluences: - Elliot wave seems to be in the middle of a Wave 3 count. Completing the Wave 3-1 and Wave 3-2. Next, should be the beginning of Wave 3-3 - Price action is close to an Interest Zone and is also at the 200MA Fundamental Confluences: - SilverCorp Metals focuses on Sustainable Silver. Both words that delight financial investors. Silver being a precious metal and sustainable being the bank's new hype. ESG-story. - Their project involves themselves in the green energy sector and it gives you the exposure of precious metals in the portfolio as well - Both retail and industrial sectors have solid demand for Silver and Gold and SVM has got it both ________________________________ AMEX:SVM will give me some exposure to Precious Metals in my Long-Term portfolio and is in the direction of sustainable green energy. Will green energy be the future? We shall see. In the meantime, 1st allocation into $SVM. ________________________________ Boosts 🚀, Follows ✌️, Shares 🙌 & Comments ✍️ are much appreciated! If you have any ideas or charts, do share them in the 'Comments' section below and we can discuss our perspectives to improve or strengthen our strategies. If you want something analyzed, do drop me a DM. :D ________________________________ Disclaimer: The above suggestion is an personal opinion in general and does not constitute as investment advice. Any decisions taken based on the above suggestion is purely your own risks. DYOR.
AMEX:SVMLong
by weekendanalyst
Silvercorp Metals (NYSE: $SVM) Looking LikSilvercorp Metals Inc., together with its subsidiaries, engages in the acquisition, exploration, development, and mining of mineral properties in China and Mexico. The company primarily explores for silver, gold, lead, and zinc metals. Its flagship property is the Ying silver-lead- zinc project located in the Ying Mining District in Henan Province, China. The company was formerly known as SKN Resources Ltd. and changed its name to Silvercorp Metals Inc. in May 2005. Silvercorp Metals Inc. is headquartered in Vancouver, Canada.
AMEX:SVMLong
by DEXWireNews
Silver At 11-year LowThis precious metal is getting decimated after Chinese factory production(electronics) collapses in the month of February, down -12% in this trading session. This is going to be the deal of the century once a bottom is found as gold and silver are the only money to stand the test of time with over 5,000 years of recorded use as money, especially in a world where every central banks is currently hell-bent on devaluing their currencies. Silver took a dive at the beginning of the 2008 financial crisis, and then eventually exploded to new highs afterward. Once you understand the difference between money vs currency, you'll understand why gold and silver are important in the financial world. We're likely looking at sub-$10 silver/oz before the bleeding stops. Gonna be a bogo deal compared to prices last week.
TVC:SILVER
by PrepForProfit
Silver Likely to See a Pullback Near-TermSilver has seen an unexpected rally to most and continues to show strength as holdings of silver-backed ETFs reach all-time highs. Since posting "Potential Inflection in SLV: Price Action and Options," (under CommoditiesTrader) SLV is up almost 22 percent. However, near-term there will be a correction to work off the overbought conditions. The RSI was quite elevated at 77, while the z-score hit a near-term high of 2.9 The +/-DMI is showing that price action still remains positive but the ADX is beginning to tick lower. The stochastic indicator is currently over bought at 87.51/93.26 Of course, precious metals will move with headlines. Given the sharp two-day decline, the SLV looks promising between $15.90 and $15.60. If traders sell through the secondary uptrend near $15.60, we could see further selling to $15. It's important to remember the risk is dynamic. Traders will flock to the safe-haven aspect of silver if more troubling news surface about European banks, Brexit and, simply, slowing growth. A correction will only be healthy going forward. The weekly chart shows at $17 is a tough nut to crack - only seeing one close above this level since January '15. For more information on MacroView's products, or general questions and comments, feel free to message us. Also, readers are encouraged to post their thoughts and charts! Follow MacroView CoFounders on TWTR @Lemieux_26 and @EconomicHedge
AMEX:SLV
by MacroView_Research
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