A fantastic company, but there is no value left in longs. I see a great selling opportunity around $80 Technical correction. Good luck.
Short term bearish bias but, will go long and strong in due time.
Greece defaults, lose your money. Or make 2-5x return.
If you want to long equities, I'd look for bottom feeders. Stocks that do well during a recession. Don't long the market as a whole. Too pricey.
Overbought. Good company but profits will be taken here.
For fun --- don't be stupid and think I'm some market fortune teller
Monthly hidden divergence on this stochastic hasn't happen since 20
We now have a clearly defined trading range, and the silver market has grown in size by 500% in the last 10 years. It will need to gain another 1000% before the big players can truly participate in this market. Once the silver market is worth $300+ billion it will be SO much fun to trade. Kind of like gold is now. Good luck.
Silver is just far too cheap. The market is far too small. Gold market is about 100 times bigger. For the silver market to be traded with more liquidity, the price needs to rise. It's that simple.
Seems it will bottom soon. New to trading view, so just messing around with the the "Play" charts feature. I am looking to buy this though.
Hey newbies, get off of the small time frames and look at the WEEKLY. Buy some under $8, wait for reversal confirmation, then maybe add to your position once we get back above $10. Trade well.
Do your own analysis and consider this position for your long term portfolio. This trade should take at least 1-3 years before reversing or major corrections. Good luck traders.
I'm looking to buy some JCP now we are under $8... and more near $5.00 if we can get that low.