SVM trade ideas
SVM Bearish CrabWell- we been seeing many of these.. see my other charts BCRX and Platinum.. just long term indicators of where short term money can be made. Eventually this will retrace hard at 4.55. Get in now (if not already) for sum easy profits- ENJOY! This is a bullish move up to 4.55 and if it completes should drop back down. After the pattern completes we shoudl observe for bullish or bearish momentum. Bearish momentum should be expected however...
SVM- bullish activity on completion of SHARKSVM has been in bear market, but may pickup steam with the need for precious metals! The shark Harmonic appears to be rallying even as the DOW tanks! There are some gaisn to be made!
Note the embedded bullish crab pattern followed by a failed bearish pattern at its bottom - that may have thrown some people off on the bottom.
LONG SVMExpecting bounce from extremely oversold weekly and daily levels. If stop breached, be prepared to catch new daily reversal on lower levels with a tight stop.
Silvercorp Metals, Inc. trade SetupSilvercorp Metals, Inc. engages in the development and exploration of mineral properties. It operates through the Mining, and Administrative segments. The Mining segment comprises of the operation in Henan Luoning, Hunan, Guangdong, and other. The Administrative segment covers operation in Vancouver, and Beijing. The company was founded by Rui Feng on October 31, 1991 and is headquartered in Vancouver, Canada.
Silvercorp Metals Inc.This is my personnal choice for optimal stock concerningt silver mining. There are some arguments, but look at the picture. This stock exagerates, preferably up side, every even tiny moves by Silver, as you can see with yellow line indicative of prince Silver (King is Gold).
First I didn't touched this stock, because direction of this still officially canadian company, based in Canada, but operating inside China, was replaced few months ago by chinese names, kept 1 only WASP on the Lead subsector as manager. Lead? Ouh!
But I also noticed that Chinese culture is the one that valorise the most Silver (deep roots in millenaries long history) and now approaching position to end or ease a bit silver price manipulation.
So support not only technical GAnnFan for trend lines, also will of rising superpower.
Could argue that PAAS is a still better stock when it comes to silver specialist. Maybe, but I see current Empire losing ground in South America. Political stability and perspective less promising.
Practicing a stock daily also you come to feel for the stock or understand the kind of animal it is. This stock I feel is completely faithful to beloved silver.
This stock I want to hold during the silver coming bull market.
$SVM Breakout in Silvercorp Metals. Silvercorp has continued to march higher despite the downgrade from buy to neutral by Alliance Capital, it is in breakout mode and could very easily run much higher dependent on a steady market.
Company profile
Silvercorp Metals, Inc. engages in the development and exploration of mineral properties. It operates through the Mining, and Administrative segments. The Mining segment comprises of the operation in Henan Luoning, Hunan, Guangdong, and other. The Administrative segment covers operation in Vancouver, and Beijing. The company was founded by Rui Feng on October 31, 1991 and is headquartered in Vancouver, Canada.
SVM: Precious Metals Rally RestartingSome recent euphoric optimism for the S&P 500 has driven caused short term consolidation in precious metals, but I'm seeing some uncertainty cause flight back into stable hedge securities like gold, silver, and bonds right now. I don't think we're going to get a hard rally in the major indexes without another significant correction, so I'm seeking some alpha elsewhere. I've largely held my positions well through recent broader drawn downs, and I suspect more are to come this 2019Q4. People are looking for good news to explain recent attempts by the broader market to pull out of this recent price slump, and they're sounding more and more desperate to me. As always, do your own analysis to determine if this is a strategy for you.
$SVN:NYSE - SILVERCORP METALS - Looking to breakout.Looks like it could break through on volume but wait for confirmation. You could put an alert or a stop limit / market order at $4.65 to buy if it breaks. RSI looks like fair value, and OBV looks like there is demand. BB range contraction indicates it will break one way or the other soon. Silver will probably be a goto with market uncertainty. Up 80% over the last 3 months. Worth adding to your watchlist.
Silvercorp Metals Inc. (Silvercorp) is a silver-producing Canadian mining company. The Company is engaged in the acquisition, exploration, development, and mining of silver-related mineral properties in China. The Company's segments include Mining, including projects, such as Henan Luoning, Hunan, Guangdong and Other, and Administrative, which includes Beijing and Vancouver. The Company is the primary silver producer in China through the operation of over four silver-lead-zinc mines in the Ying Mining District in Henan Province, China, including SGX, HZG, TLP, Haopinggou (HPG) and the LM mines. The Company also has commercial production at its Gaocheng (GC) silver-lead-zinc project in Guangdong Province. Silvercorp's principal products and source of sales are silver-bearing lead and zinc concentrates and some direct smelting ores. The Company sells all its products to local smelters or companies in the mineral products trading business.
We are Bullish on Silvercorp Metals Inc. (Silvercorp) Silvercorp Metals Inc. (Silvercorp) found support and have traded above Monthly Resistance Line. We will buy at $4.45
SVM - silver mining stockShould have published this last week. SVM is good play on Silver to Gold ratio and VIX about to shank some sharks.
Below $2.25 would've been good entry for short hold. Still an options play.
SLV might be another as broader fund.
SilverCorp Long Possible 10RRMetals have been showing signs of bottoming (possible not yet confirmed) with commercials not increasing their selling.
If metals run, we could see a great Run up here with great Risk vs Reward. Usain Bolt Style to Ocho Ríos.
We have been having lots of social conflicts, war tensions, etc lately.... so better to have this metals on watchlist.
Trading with the Trend, $SVMSilvercorp Metals Inc. is looking like it is ready to continue following its upwards trend. As stated on the chart, there are several bullish indications that support why I believe this will continue to climb. If price breaks above the mid reg line, I am watching for a price target close to the upper lin reg line around $4.65 - $5.00
Trade valid until price closes below lower lin reg line.
