0JKC trade ideas
LONG SLV Silver to ALL TIME HIGHS...and then price discovery Let this one play out all throughout 2021. Let's squeeze the bankers that have been screwing with the silver market for decades. Remember this is a weekly chart so give it some time. This one will rip to all time highs and then some while in price discovery. Hold the line boys. Target 1 is at the 1 fib retracement, Target 2 and 3 are at the 1.272 and 1.414 fib extensions respectively. These are conservative targets so once it busts through ATH you are free to judge your own targets. Feel free to de-risk and take partial profits after target 1.
Entry - $26.82
Stop Loss - $20.37
Target 1 - $48.39
Target 2 - $57.89
Target 3 - $63.67
R/R Ratio - 3.21
SLV the most short squeezed thing in the market.Silver has been shorted by everyone and currently, they don't have any actual physical shares of silver. Yet they have all these naked paper contracts that will never be backed up. The actual physical silver asset doesn't exist. The big banks will need to buy back their shorts if we push the price higher than 40. That being said this can be done if we all collectively tackle the big banks. With our winnings from GME and more support, we can get the silver value to where it belongs @100 dollars minimum.
A quick look there is strong resistance at 30 dollars mark but understand that silver has actually broken out of the 25 resistance with the current push and momentum silver will have a great month at the very least.
SLV. Read me a story, Tel them not to cry.
Return all my tears in bullion not lies.
We are the people, We have our time.
Sour and sweet is the rise of our tide.
Buy calls, and 10 oz. physical day for two weeks.
repeat.
SLV Historical Support/ResistanceWe are retesting resistance in the premarket. Look for an entry at retest of support below. Its easy to FOMO in now, but enter with a plan and have an exit plan ready as well.
SLV higher numbers this weekSLV has been popping off so expecting a little dip and then it's off to the races again.
SLV: A super cautious buy?While I have yet to see any REAL evidence that Reddit is pushing silver up, the fact of the matter is that SOMEONE is. Looking at the trends (and obviously, I am a smooth-brained idiot, so this is not stock advice) I would say that it probably makes only a small measure of sense to enter a position right now, but you will need to be ready to take profit and close your position. We are not at the 52 week high (27.39), but we are within ~10 percent. It isn't quite to late to enter this stock, but I would not invest anything you couldn't afford to lose in this. Since this isn't really market action at work, anything happening right now is guess work, and fundamentals has nothing to do with your choices.
Might go to the moon. Might be a pump and dump by people who suddenly feel the need to cover their short positions. I am long on SLV, but I recognize it is a dice roll, and am only into a very small position.
SLV TO $37 SOONSHORT-SQUEEZE OR NOT, THE CHARTS DIDN'T LIE EVEN BEFORE.......SLV GOINT TO $35-$37 SOON!
Silver to $40!! #SLVAfter a ATL in March and a ATH in August. #SLV has retraced back down the 38.2 level. Historically based a fib ratio and extension is likely back up to the 161.8 level pushing #SLV up to the $40 dollar level. Also with a confirmation of a double bottom and a cup and handle formation is pushing this trend bullish.
SLV - January 31, 2021SLV is the most recent target over the weekend of a WSB high short float name to pump. It has been battered over the past years and just recently got a revival push to 27 in late August. SLV may benefit from a broader selloff in equities as investors may flee towards commodity hedges, the USD, or longer term bonds. This play will be valid only if underlying macroeconomics signal to capital flowing out of equities. A hold of this trendline sets SLV up nicely for an entry in the 24-25 range with a short term target of the ATH at 27.44.
Wall streets bets next target? Slv longBig possible gains coming with wall street bets targeting silver saying it’s being undervalued due to the banks wanting the dollar to be worth more then it is
The $SLV Squeeze? WSB Next Target! 2/1/21Video breakdown on the $SLV squeeze talked about in the WSB! What does the chart say, and what are your levels?
$SLV big volume shelf lift off is approachingHeavy heavy call side action on SLV
Talk of the FinTwit and WSB .. Massive volume Big level about to be taken out
Can see $30 on SLV soon
$SLV BIG CUP AND HANDLE Whats up guys,
-$SLV looking like its forming a big cup and handle on the monthly chart.
-Price action is trending above the 9, 21, and 200 day moving averages.
-OBV also shooting up.
-If we break above $27.42 we can possibly visit potential upside targets and new all time highs.
-If we break below this technical is invalidated.
Thank you for stopping by!
Good Luck and happy trading!
-DP
Short squeeze coming in Silver?Now that everyone looked up the definition of short squeeze "people are saying" there is a short squeeze coming in Silver! Is this a reliable indicator?
