Silver: Good Risk/Reward Here?
Silver Daily playing with the 200 day moving average and looking like it may be creating a cup and handle:
SILJ daily (junior silver mining etf) at support:
The silver mining darling company Majestic Silver nicely backtesting its MAJOR breakout up:
What’s next? Supply is drying up. I don’t see how we go much lower….
I went full in today.
Brilliant Sir Chuck
Good to see some charts again
You obviously are a creation of intelligent design
cheers
Fully
Love it. Thanks Fully 🙂
Sir Chuck,
Love the charts. !!
Are we eying a run up to $50 silver off of the handle?
Cheers
R
Thanks Rob. Hope so!
Good call, Sir Chuck. Since down for the month and quarter, the pressure comes off after tomorrow. April should be fun.
Worth a shot with a tight stop, but I give it a low probability <25%, FWIW
I would prefer to see some strength and then a retest – some kind of short-term reversal pattern to increase the probabilities!
You’re brave, no doubt about that.