Goldtent TA Paradise

SILJ BB review

1. silverboom says:

   July 30, 2020 - 12:26 pm at 12:26 pm

   I’m thinking $14. Kinda seems like. Would not want to OVERREACT!! 😉

   Is that what you are anticipating, Silverhawk? I promise I won’t hold you to it… 🙂

   • Silverhawk says:

     July 30, 2020 - 2:32 pm at 2:32 pm

     Sitting right on the 10 day moving average now, will it hold and launch? You should know it never goes to the prices I want, so middle BB at 14 is my target.

     • silverboom says:

       July 30, 2020 - 4:27 pm at 4:27 pm

       Thanks for that confirmation, Silverhawk. I am not a chartist by any means, but I like to think I can read what others are doing and have a general feel for them directionally.

2. silverboom says:

   July 30, 2020 - 12:27 pm at 12:27 pm

   Unless, of course, we get that crash to the bottom BB…

   • Silverhawk says:

     July 30, 2020 - 2:32 pm at 2:32 pm

     That would be a backtest of the inverse H&S in the upper 12’s! I’d take it

3. Patrick says:

   July 30, 2020 - 2:38 pm at 2:38 pm

   13.57$ is a nice daily defined gap. Yep.. Fully’s fault.

4. Silverhawk says:

   July 30, 2020 - 2:54 pm at 2:54 pm

   Surprises come to the upside though! I’d love to hear what Plunger is doing.

5. Karl says:

   July 30, 2020 - 5:59 pm at 5:59 pm

   Ignore my comments. First, I am unfamiliar with this chart format. Second, I have sworn off SILJ. I don’t know whether it is rational to stay away for a company or commodity that you do badly with, but I have always tended to do badly with SILJ, even though it is a company that I have wanted to own. So I avoid it. However–

   What I think one would do would depend a lot on how much one liked the company, how much one wanted to own it and for how long, whether one already owned shares, one’s need for spare cash and one’s risk aversion and so on. If one wanted to own it but were not desperate to own it, one would buy just below that lower gap above 13, but one might never get a chance to buy. One would load up further if an opportunity happened to present itself below the gap above 12, around the congestion there. It might never get faintly close to this level, so the thought may be ridiculous. On the other hand, it involves silver, and it is a stock in a wild stock market, so perhaps that too actually too high a buy target because silver may surprise us who love silver by misbehaving on the downside. I try to lay off as I noted. Gold stocks are scary enough for me.