sujithsstorock
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for gg
Silver
Above 13.1 $ possible test of 13.5 $ can occur while a drop below 12.7 $ triggers tgt as 12 $ . for today buy on dip with safe stoploss 11.8 $
Major resistance are 917-928-936(above it bullish) while support is at 904-893-887 . sell on rise with safe stoploss 934. or buy on dip around 890 with safe stoploss below 884 $
A close above 931$ is bullish
rodin, have i thanked you for your chart work lately?
thanks!! :smart:
Hi Suji,
Im waiting for a pull back to buy into, possibly around the 915 area if it holds, to hold until we get to 1200+ what do you guys think?
what you make of this?
silver goes up from here, imho. the most recent decline was an apparition created by wholesale liquidation. this violated the lower trend line but silver's snapping back up.
i would like to see a couple of momentum indicators in your chart to clarify the opportunity.
i've been trading SLW up and down using a 20 day 30 min chart with a half dozen momentum indicators. so far, so good. i have a core holding in SLW. i posted here when i bought it at 2.65 several months ago.
on friday i shorted the April 7.50 puts for the 1.30 premium after riding a short position down from 6.88 to 6.64.
M staying out for a month though!
Hope to get in soon.
cheers