Discovery SilverBreakout seen from falling wedge on this highly speculative play in the early stages of a breakout in Gold and Silver.Longby WavesPatternsCandlesIndicators4
My TOP10 picks list in (Silver & Gold) Mining companies 1/10With the recent bullish action in Gold and Silver it could be the right moment to investi in Gold and Silver Mining companies, which constitute a leveraged bet on the underlining metals. It can not be understated that mining companies are one of the most hated investments in the global financial world. They have performed poorly in the past, sometimes even when the metals made some important gains. Wo why this time could be different ? With the approaching break down in the Gold to Silver ratio (I will soon publish a chart), I nevertheless am quite confident that my Miners Portfolio (about 10% of my overall portfolio) will perform well. This is NOT financial advice or recommandation. I am simply sharing with you what I am doing personally with my capital in order to survive the ongoing restructuring of the financial world. First pick - DISCOVERY SILVER - DSV It is one of the biggest silver deposits of the world. The Mineral Resource Estimate for their Cordero Mine was most recently updated in January 2023: it grew by about 35% and is now over 1.2 Billion ounces of silver in the Measured and Inferred category) !! The project is located in Mexico. On a technical analysis basis price has broken out (yesterday) of the bullish descending wedge. The apex of the wedge was situated on an important strong resistance zone between 0.56 and 0.66 $. I do not use stops but if you would like to place a stop, it could be at 55 cents. I do not thing however that we will revisit those prices again. As often, I bought too early, at 0.66$ one month ago. However I was so confident that I made it my number 1 position. Yesterday it rose 23.94% and so I am already in profit. There is no need to chase here. However with 350 Million $ I guess this company is deeply undervalued ! Analyst ratings give it a target of 2.67 $ (wich is a 200% or 3 x move from current price). I am bullish !! Other picks will follow in the coming weeks. Feel free to follow if you would like to discover what my other picks are.Longby DangermousebananaUpdated 225
DSVDiscovery Silver recently tested extra long term support on high volume . I'll admit this one is a long shot because they have a lot of hurdles to jump over to get their mine approved in Mexico . That being said i believe the time to buy is when all the bad news is out and things can only get better . Patience required on this one . We may see another retest of .70 but im prepared to hold as i am just getting my feet wet here with a small investment . The wave structure looks to be close to finished and i am hoping to see a move higher soon .Longby SilvaBullUpdated 1
Long Silver ExplorersCheck out this bullish silver explorer chart! It shows a breakout, positive moving averages, high trading volume, and a promising silver market outlook. The company's exploration success adds to its potential. Remember to do your research before trading. Wishing you successful trades! 💰📈🔥Longby MikeJoseph3
Massive Falling wedge on DSVDiscovery silver corp. has been forming a big falling wedge since October 2020. Combined with the macro environment where a recession is probable precious metals should perform well. There is a gap that could be filled at 0.86$ before a break out of the wedge with a consequential big move on the upside that would fill the upper gap at 2.33. If the first gap will be filled I'll use that area to beef up my position. Longby frapelloso0
DSVAnother cup & handle primed for liftoff... dump that crypto garbage and get on the next hot trend. Silver !DLongby SilvaBull2
Discovery Metals - Great Silver Explorer to WatchBreakout of the $0.7 resistance signaling the continuation of the uptrend. Pitchfork levels work perfectly with this configuration.Dby Lahbabi114