SLV ChartSLV will either fall to the current support level(line in red), and then rise. It must rise to 23.50(orange line), in order to make it to 25.50. It must pass each FIB level in order to reach that target(green line), and then cross it
SLV trade ideas
Market Review #35 Jan 15th 2021 - Qs, Chaos in the Metals!On today's episode, we talk about what is happening in the Metals, and the overall Nasdaq QQQ ETF. Enjoy your weekend!
Disclaimer: The proceeding content is informational only and based on information available when created. It is not an offer or a solicitation nor is it tax or legal advice. It does not consider your financial circumstances and objectives and may not be suitable for you.
Copyright Rohan Karunaratne 2021
I Shares Silver: Time to Watch: USABy Sun Storm Investment Research
A Profit & Solutions Strategy
Disclaimer: I am not a financial advisor, so please do your own research before trading anything
SLV - Being PatientGetting some sell in the precious metals is good. Waiting for the stochastics indicator to bottom. Some technical support at the fibs and the lower channel. The weekly chart looks more negative as the stochastics indicator is starting to fall from overbought levels. I'll be adding as the daily stochastics base using 2022-2023 LEAPS. Should prices fall even further, I'll accumulate with the physicals. Let's face it, the M1 money supply is off the charts. The dollar is dead. It's only a matter of time.
SLV day tradeSLV sold off sharply today due to rising real bond yields, but it may get a bounce late in the day. SLV has strong support from the 50-day SMA at $23.02. I purchased it there and hope to ride it up for a sale at $23.90, perhaps as early as the end of the day. If the 50-day SMA fails, there's a volume node at $23.53 that might offer some support, and from there it's a long way down to the next major support at $20.65 near the 200-day SMA.
LONG SILVER ! I believe this is a great opportunity to get long Silver.
Reward to Risk is great and this has quite a bit of room to the upside.
SLV leading diagonal off lows, target 28 for wave 1Long term targets remain relatively the same, wave 3 to around 48. Overall, the count used to be a standard impulse off the lows, but now because of the wave 1 and 4 overlap, this has been modified to a leading diagonal, expecting 1 more push to take us to the ending of wave 1.
Disclaimer: The proceeding content is informational only and based on information available when created. It is not an offer or a solicitation nor is it tax or legal advice. It does not consider your financial circumstances and objectives and may not be suitable for you.
Copyright Rohan Karunaratne 2021
I called the last breakout under 20, im calling this one tooat the top of the small trend channel but.. if it breaks over both resistance areas we can see lots of buying that take silver to 30, long on a 26 break, target 28-30 short term and sl at 25, great risk reward on a breakout! goodluck as always friends :)
SLV target 30Silver looking constructive off lows put in towards the end of 2020, target 30 for 5th wave. Overall bullish on anything that hedges against the dollar.
Disclaimer: The proceeding content is informational only and based on information available when created. It is not an offer or a solicitation nor is it tax or legal advice. It does not consider your financial circumstances and objectives and may not be suitable for you.
Copyright Rohan Karunaratne 2020
$SLV in a massive bull flagWatch for the break of the bull flag on $SLV for more upside to $30
Excited to see the price action today
SLV - ImpulsiveFirst impression was an extension here on the weekly line chart. At worst, it's a fifth wave. In commodities though, the fifth wave is often the most explosive. My conservative target for 2021 is 35 but if BItcoin prices are any indication of what the failing dollar trade could look like (300%+ this year), Does seem like a very good time to be long. Happy New Year all!
$SLV looks good around this time of year onward 🥈$SLV 🥈 looks good around this time of year onward that's pretty much it Google silver futures 80 yr average seasonality graph u'll get it. 🥈🏄
$SLV looks good around this time of year onward$SLV looks good around this time of year onward that's pretty much it Google silver futures 80 yr average seasonality graph u'll get it. 🥈🏄
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