Silver Junior MinersFor me, the true bind blowing run for silver junior miners starts when the silj ETF is above $18.
Whatever happens before is simply the pre game show.
SILJ trade ideas
Silver Junior Miners bullish viewThe Silver Junior Miners are poised for significant growth as we move forward.
Please keep in mind that this is not financial advice. It's important to practice sound risk management. If you find this idea interesting, feel free to boost and share! :)
Bearish hammer on 6M chartI sold all of my AMEX:SILJ last week, which I'd typically wait for the yearly candle to close but it seemed like it was barely holding on by a thread and might not wait the few more days. Then the bottom completely fell out this morning. Whew, close call
The 6M candle looks like death. I'm still very bullish on silver as a LT play but I don't want to be out on the edge of the risk curve while the market pukes. Next major support is around $6.
Metals & Miners Are About To EXPLODE HIGHER (50%-100%+)Please don't miss this opportunity.
I've been studying the metals charts, and last weekend, the SILJ chart caught my attention.
I started looking at longer intervals (Weekly and Monthly) to see what I could find.
XME and SILJ are showing excellent Inverted Excess Phase Peak patterns that may resolve as a breakaway upward price trend over the next 8 to 24+ months - sending both XME and SILJ over 40-50% higher at a minimum.
This sounds crazy, but Metals and Miners are probably the best opportunities for swing position trading right now as hedge investments and/or very long-term options play.
There is nothing else out there that has a 100-200% rally potential and the ability to hedge against global risk factors.
I believe SILJ, XME, Gold, Silver, & Platinum will likely be HUGE WINNERS over the next 12-24+ months.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
SPY/QQQ Plan Your Trade For 11-25-24 - Carryover TrendToday's pattern is a Carryover in Trend mode. Obviously, this is a holiday week, and because of low liquidity, I expect to see moderately wild price volatility.
Stay cautious, as price moves could be exaggerated this week.
Gold and Silver are still attempting to break higher and trading in a consolidated sideways price channel.
BTCUSD pauses into the holiday week.
This would be a good week to pause, read a good book, and avoid the risks in the global markets.
This shortened trading week will likely result in very wild price swings.
Stay cautious.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
Silver Dollar in Ya FaceIf this doesnt mean anything to you, go back to bed. This is ready to go. This one is slow and steady, so if you want fast money, go elsewhere.
SILJ- Parabolic move comingAs discussed, similar to Gold Miners, the Silver Junior Miners will go parabolic as we move ahead.
Kindly note, this is not a financial advise. Please consider proper risk management.
If you like this idea, please like and share. :)
Silver Miners pop, down and then launchI feel a flash crash coming on, similar to Covid - wouldn't surprise me if Birdflu was the catalyst (see my NASDAQ:GILD idea). The patterns line up exactly the same. You can't see it with this picture, but tons of my indicators are going off -which I will post below. Silver Miners will exit the ascending triangle this go around as the commodity supercycle takes off. Could silver miners go a little more up then down? Absolutely, but miners are sensitive to market rallys and poundings like other stocks (see the pandemic in March 2020 on the chart).
Silver Miners vs Silver SpotThis might be the explosion that will kickstart the silver stocks. This chart is showing a possible W formation that's about to break out... as well as the 25 weekly crossing the 52 weekly, which is usually pretty significant. Lastly, if it can break above the ichimoku cloud, then this ride might take off.
SILJ breakoutSILJ has clearly broken out...it is approaching the 200MA on a weekly TF (Red MA)...expect a reaction at this level...may want to take some off around this level...perhaps a decent pb...a chance to reload if you ask me!
SILJ Ok, Silver is not Gold... but we can't help but wonder when Silver will be catching a bid?
Also, this downtrend line is on the verge of breaking.
Silver stocks ready to outperform uranium stocksThe ratio of SILJ (junior silver stocks)/URA( uranium stocks) has reached its A-B-C target and double bottom area.
It is also showing a bullish divergence on its momentum indicator.
We like very much the uranium sector over the long run but are expecting an out-performance of silver stocks over the coming months.
Silver Junior MinersSilver junior miners , very close to break above step #1.
Will this be the run that leads to a break above step #2?
#silver #miners AMEX:SILJ
Probabilities 101Look carefully at this Silver Junior Miners chart.
What is the MAJOR difference in those 2 trade setup propositions, other than what I already outlined?
Which is MOST probable of reaching its target AND why?
#trading #learning #miners #riskmanagement #silver
$ SILJ 100% Gain In less than a Year ? I may be crazy, but so is the world. I like it. I'm in. RSI shows that is is nearly bottomed. May give another 10% but the upside is there. BOOM BOOM
Silver SILJSilver and SILJ chart on the 3Day time frame.
Silver looks to maybe have one more pullback or it'll start breaking above trendline.
None of this should be interpreted as financial advice, I am not a professional or certified financial adviser! all charts, and or analysis' are my personal opinions and observations only!
$SILJ Cup and handle playing out Weekly log chart, nice bounce. If we duplicate the % gain, you can see the target from here. Potential 4x return?
$SIlJ wants lower. $8-9 over the coming monthsOn high timeframes, we seem to be continuing the trend of forming lower highs. The rejection of price at $15.49 gives me the setup I was looking for to think $SILJ is going lower.
On top of the rejection, the RSI is overbought, the moving averages on ichi are stretched with price above the moving averages giving me reason to believe price will snap back lower, and I have a hard time seeing how price gets above the cloud (on higher timeframes, there's thick resistance w/ the clouds).
I think there's good reason to believe we're heading lower here. I think price will first head down to $11.66 but being its' already been tested as support multiple times, it's weakened and price should break through that support fairly easily. Which leads me to believe the next target on the downside would be $9.44 and below that $8.32 if that support fails to hold.
Let's see how it plays out over the comings weeks/months.
Red Team vs Yellow Team on SILJThis chart shows two possibilities of interpretation: a bullish case drawn in yellow and a near term bearish case drawn in red. I found the concept quite aesthetic. On a personal note, Team Yellow.
Silver junior minersZooming out to weekly time frame for silver junior miners vs silver.
The move could be violent out of the gates.
Still sleeping.
