Silver is down from last week's sell signal (going under $33). This is a decent place to cover, especially ahead of any news coming out of the Deficit Cutting Committee AND ahead of Thanksgiving. This is a decent profit for a short period of time and many other, more vulnerable charts are breaking, like AMZN and AAPL, that are more interesting to me. This is worth covering here, in my opinion. Sometimes charts tell a story all by themselves and sometimes it is critical to see how a stock performs RELATIVE TO something else, like expectations, competitors, and news.
Subscribe to my indicator package KEY HIDDEN LEVELS $10/mo or $100/year and join me in the trading room KEY HIDDEN LEVELS here at TradingView.com
Also on:
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.