Mining And Particularly Silver Are Showing StrengthWith the rest of the market up and down there are a few places we can look that are providing strength. Utilities, particularly water and mining (especially silver). PSLV doesn't actually mine but they do hold and store physical silver.
We have our normal touch of the Keltner channel with return t
1.72 USD
821.21 M USD
−2.96 M USD
535.89 M
About Sprott Physical Silver Trust ETV
Sector
Industry
CEO
John Anthony Ciampaglia
Website
Headquarters
Toronto
Founded
2010
FIGI
BBG0015XH000
Sprott Physical Silver Trust is a closed-end investment trust company, which engages in the provision of a secure, convenient, and exchange-traded investment alternative for investors interested in holding physical silver bullion without the inconvenience that is typical of a direct investment in physical silver bullion. The Trust invests and intends to continue to invest primarily in long-term holdings of unencumbered, fully allocated, physical silver bullion, and does not speculate with regard to short-term changes in silver prices. The company was founded on June 30, 2010 and is headquartered in Toronto, Canada.
SilverSprott Silver ETF on the Weekly chart
-massive cup & handle, patience should be rewarded
-break out occurring on the handle trendline
None of this should be interpreted as financial advice, I am not a professional or certified financial adviser! all charts, and or analysis' are my personal opinio
PSLV - Taking ProfitsPSLV weekly and daily charts looking a bit extended = time to book some profits. Will leave a little sprinkle on to run just in case - but mostly move to cash and re-enter after a pull-back.
For longer term timeframes I expect that silver will continue to move up …eventually, but likely needs t
PSLV silver ETVNot much else to say except
a buy zone near 3200 and .382 chosen from %
Target for $PSLV is 31$ ....
Sprott etv's are heavily weighted to the price of silver, which for decades has been accumulating in extremely complex impulses and wxyxz corrections.
The book that I learned wave principle from
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.