SLV Historical Support/ResistanceWe are retesting resistance in the premarket. Look for an entry at retest of support below. Its easy to FOMO in now, but enter with a plan and have an exit plan ready as well.
SLV trade ideas
SLV higher numbers this weekSLV has been popping off so expecting a little dip and then it's off to the races again.
SLV: A super cautious buy?While I have yet to see any REAL evidence that Reddit is pushing silver up, the fact of the matter is that SOMEONE is. Looking at the trends (and obviously, I am a smooth-brained idiot, so this is not stock advice) I would say that it probably makes only a small measure of sense to enter a position right now, but you will need to be ready to take profit and close your position. We are not at the 52 week high (27.39), but we are within ~10 percent. It isn't quite to late to enter this stock, but I would not invest anything you couldn't afford to lose in this. Since this isn't really market action at work, anything happening right now is guess work, and fundamentals has nothing to do with your choices.
Might go to the moon. Might be a pump and dump by people who suddenly feel the need to cover their short positions. I am long on SLV, but I recognize it is a dice roll, and am only into a very small position.
SLV TO $37 SOONSHORT-SQUEEZE OR NOT, THE CHARTS DIDN'T LIE EVEN BEFORE.......SLV GOINT TO $35-$37 SOON!
Silver to $40!! #SLVAfter a ATL in March and a ATH in August. #SLV has retraced back down the 38.2 level. Historically based a fib ratio and extension is likely back up to the 161.8 level pushing #SLV up to the $40 dollar level. Also with a confirmation of a double bottom and a cup and handle formation is pushing this trend bullish.
SLV - January 31, 2021SLV is the most recent target over the weekend of a WSB high short float name to pump. It has been battered over the past years and just recently got a revival push to 27 in late August. SLV may benefit from a broader selloff in equities as investors may flee towards commodity hedges, the USD, or longer term bonds. This play will be valid only if underlying macroeconomics signal to capital flowing out of equities. A hold of this trendline sets SLV up nicely for an entry in the 24-25 range with a short term target of the ATH at 27.44.
Wall streets bets next target? Slv longBig possible gains coming with wall street bets targeting silver saying it’s being undervalued due to the banks wanting the dollar to be worth more then it is
The $SLV Squeeze? WSB Next Target! 2/1/21Video breakdown on the $SLV squeeze talked about in the WSB! What does the chart say, and what are your levels?
$SLV big volume shelf lift off is approachingHeavy heavy call side action on SLV
Talk of the FinTwit and WSB .. Massive volume Big level about to be taken out
Can see $30 on SLV soon
$SLV BIG CUP AND HANDLE Whats up guys,
-$SLV looking like its forming a big cup and handle on the monthly chart.
-Price action is trending above the 9, 21, and 200 day moving averages.
-OBV also shooting up.
-If we break above $27.42 we can possibly visit potential upside targets and new all time highs.
-If we break below this technical is invalidated.
Thank you for stopping by!
Good Luck and happy trading!
-DP
Short squeeze coming in Silver?Now that everyone looked up the definition of short squeeze "people are saying" there is a short squeeze coming in Silver! Is this a reliable indicator?
The Great Short Interest Bubble of Q1 2021Embrace the reflexivity.
Great narrative forming. It's an easily shillable one. Have to take this trade because, well, it's extreme +EV. You don't think when you see those. You just press green.
Trading is easy. Recognize euphoria and bubble conditions, limit your downside, position yourself for infinite upside, SIZE UP and push it till the bubble pops.
Deep OTM calls.
Go long SLV!The Burl Ives trade is back on, silver and gold! Silver traded down pretty much from Mid-September all the way to Mid-December. That is way too long of a suppressed period for a hard asset that should be launching into the stratosphere.
With imminent stimulus, ridiculous central bank policies around the world, and the gradual decline in the validity of fiat currency, silver should be trading way above these levels. It has been trading sideways too long, but you know what they say; "The bigger the base, the higher the space!".
I believe silver is only beginning to take-off and since silver has more alpha than gold it should auger for better returns than gold. Silver should easily get up to $28 and most likely hit $30; especially once the stimulus is finally decided on and announced.
SLV is a great way to play silver in your portfolio, SLV is an ETF that tracks the price of silver. Hi ho silver! Go long; you can also check out my previous post which mentioned the Gold/Silver ratio (which has been tilting in silver's favor).
Slv Daily Chart Tons of volume and flow came in last week... slv breakout next week?? slv short squeeze??
SLV ETF - The next GameStop (GME) by WallStreetBets (WSB) ?Will SLV ETF be the next GameStop (GME) to start the crazy run up as WallStreetBets prepares to unleash the World's Biggest Short Squeeze in Silver?
Let's analyze SLV with price action trading strategy and volume spread analysis (with Wyckoff concept) to scrutinize the tell-tale signs before any potential big moves happen. In the end of the video, upside target will be estimated with Point & Figure projection.
