AskDrBurt

AskDrBurt

4 hours chart - extreme oversold 1 day chart - oversold 1 week chart - we are still in uptrend but loosing a support.

AskDrBurt

4 hours chart - extreme oversold 1 day chart - oversold 1 week chart - we are still in uptrend but loosing a support.

AskDrBurt

Daily chart - approaching oversold area Stochastic and Still downtrend area on RSI. We have dropped below 50DMA and slowly moving into another side of the cloud. According to daily chart the price should reverse sometime soon. Weekly Chart - Ichimoku cloud looks very strong, and we are above 50DMA. However, Stochastic from overbought is curling down for...

AskDrBurt

EXK is looking very strong. Price is right below 9 years resistance line. If we breakout this time perhaps it can lead to ATH. Previous 5times failed.

AskDrBurt

We are getting closer, $1 away from a break out for farther advance. getting tired if these Big 8 shorting silver on a paper market. Let's see how Thursday and Friday play out. We are in an uptrend but lack of today's advance is somewhat worrisome. Patience.

AskDrBurt

Iso energy is flexing its muscles again was up 13% at some point during a day. Stochastic crossed over to an upside but RSI need a breakout. We have few resistance lines along the for a price action. We are still below 50DMA.

AskDrBurt

Platinum price really needs to move above $1226 in order to have PLG advance farther. Since palladium price is hitting ATH I believe many car manufactures will substitute to Platinum for catalytic converters. RSI is in uptrend mode which is a good sign. looks like an entire PM sector is waking up after long consolidation period. This is 3rd attempt for this stock...

AskDrBurt

1. 20DMA is crossing 50DMA in a downtrend pattern. 2. We are sitting right at the support line and Stoch indicator stating that we are in an oversold territory 3. Uranium sport price is not increasing while is the reason why we have recent sell offs plus red market is adding more pressure. It is very tempting to sell and buy at a lower price but one never knows...

AskDrBurt

Despite current uranium minor sell off and lack of spot price movement we are still in an uptrend for uranium price. Recent article was about musical chairs - so music is currently playing and 1 of the parties will not have a chair when music stops.

AskDrBurt

Silver paper spot price froze in space. Price is dancing around $25.80, sideways so far. We need to break $46.37 and another major one is $51.38. Patience

AskDrBurt

Bullish megaphone pattern on RSI. Also breaking out attempt on a parallel rail. Need to confirm a breakout on Monday.

AskDrBurt

BREAKOUT - HERE WE COME

AskDrBurt

Nice breakout today touch on 50DMA. I think the clo0ser we get to metallurgic date results the better price action will be. Let's see how it will close Friday. Good luck

AskDrBurt

Looks like 4-5 days before we begin advancing again. Good luck

AskDrBurt

Looks like we are dancing back around 50DMA. DXY is dropping down as I type it 91.78, which is a good sign for PM sector. We need break out in RSI resistance line and in a candle stick resistance line. Platinum just like uranium in a deficit production. Also US10Y and US30Y are dropping which is a good sign as well. Let's see how the rest of the week plays out.

AskDrBurt

Price is dancing around 50DMA and $5.20 resistance line. Looks like price action working its way through ichimoku cloud and be on the other side. Considering everything that is going on withi company with NY and Europe news we are very close to lift off.

AskDrBurt

Looks like Defiance is ready to defy the law of gravity. Daily needs to complete its way through the clouds and after the clouds to the moon

AskDrBurt

Overall this is looking very strong. Silver is ready to retest $30 an ounce any time soon. Abrasilver is looking very strong on a daily chart and if I am not mistaken on a monthly chart Cup and handle are forming - if that is the case we will have some correction before taking off to the moon which is inevitable. Also RSI on daily is going to meet some resistance...