abenoit2

abenoit2

$SLV LT trend, may fall another half dollar or so

abenoit2

Platinum could be leading where metals are going, needs back in the wedge soon.

abenoit2

Showing similar pattern to 2016, needs to bounce off bottom trendline and make a new high on daily RSI to break

abenoit2

Watch for this range from now to Oct timeframe, gold & silver holding, think this will break out of multi year wedge

abenoit2

Weekly indicating still bearish, needs to make all time high. I think it will likely follow the overall market. $SPY showing similar

abenoit2

Or at least test the old support / new resistance around $6.30. ST play, no idea on fundamentals or micro/macro risks

abenoit2

.33 double bottom hold and strong day today, could see good bounce tomorrow.

abenoit2

Long TAHO but will exit if falls below 4.88

abenoit2

Would like to see a dump tomorrow to $4.90ish and close at $5, would feel really good about a move up next week

abenoit2

$6 has no historical trading, but $5.6-$5.75 is a very tough barrier. It's just a move to fill the gap at that point of break

abenoit2

Few technicals all seem to indicate move up in silver when the coil pops. (1) RSI divergence seen back to 2013. (2) Lower trendline remains intact in the weekly RSI reading. (3) What appears as capitulation in August 2017 that temporarily fell below long term support trendline dating back to early-mid 2000s. (4) No retest of the lower RSI weekly trendline...

abenoit2

Today was easy fade job, but support is holding and moving up. Seems to me that news is coming soon, estimating 2 weeks from today, market is starting to price in good news. Volatility coming one way or another I expect around May 18 or May 21

abenoit2

Otherwise break down to 14s. I think we'll see a break and move out of the descending triangle, but I could be wrong, watch the RSI trendline, MACD at 0.

abenoit2

Investing in $TAHO today with May call options

abenoit2

Weekly showing range bound short term with a little room to downside. Miners haven't shown gains yet with decreasing volatility in silver/gold and moving to positive FCF. Think we'll see miners catch up in the next 1-2 months with prices of precious metals which may stagnate and then it remains to be seen where this goes.

abenoit2

Short term bullish but don't know which way by July/August. Long term trendline holding support, but 50 mma acting as strong resistance past several months, stuck in trading range until it is not. I think we'll see miners move up a bit to July, then not certain of movement. Too many factors

abenoit2

Target price is $7.20 by July, then we'll see whether long or short. Think we may see a reversal to new lows at that point based on expected precious metals movements. Expected SPY to decrease intermediate, but not reverse until 2019/2020 and USD will see stronger inflationary pressures in late 2019 and 2020 is my guess.

abenoit2

Need to continue past 26. Could backtest 25. Once past 26, little resistance until 27.5-28. Volume should begin to pick-up in the next week. I expect at a minimum RSI on the daily to reach it's last high point at 54. It should really reach to 58+ and at that point, very likely to get to 70+. People who are shorting the stock down at this price level are crazy. The...