SVESilver One is forming a bullish pennant after trend line break and i've been adding along the lows of this correction . Looking good !
SLVRF trade ideas
Silver One Resources ArcSilver One Resources following the arc pretty good so far. Just one touchpoint in the left hemisphere so far though.
Silver One Coming back to life !!Silver One - TSXV:SVE coming back to life. Insiders started to adding again and huge volume coming in pushing the prices higher after record CPI data.
Strong Management - ✓ - 9/10
Strong shareholders - ✓ - 9/10
Strong Upside - ✓ - 8.5/10
Reserves - ✓ - 8/10
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new position taken @ 0.31
Great Entry Point for $SVE / $SLVRFSilver One is a very bullish play at this particular time **NOV-21
Multiple headline exploration news aimed towards year end for the Rich Gold / Silver - Copper Cherokee project.
Surface sampling along the Cherokee vein system has returned multiple select surface samples in the 100's g/t silver range, with highs of 954 g/t silver and 4.8% copper at Cherokee, and 1,163 g/t silver and 4.3% copper with strongly elevated gold on the Southeast Cherokee vein (Figure 1 and August 6, 2020 and July 19, 2018 Company news releases).
Silver One Resources is a very leveraged Silver play, the expected returns of this Junior in relation to Silver are as follows:
$22 Silver -> ~0.35
$24 Silver -> ~0.50
$28 Silver -> ~0.80
$35 Silver -> ~1.40
$45 Silver -> ~3.50
$70 Silver -> ~6.00-7.00
SLVRF - High PotencialData Base thin, but good enough for these title.
Consolidation ongoing.
Short interest NOT known, but huge Volume!
30-01-2021/Dan
Channel Trading Potential for SLVRFSeems reasonable to trade inside this channel for a while. I would use stop loss in this environment for sure. Enjoy!
