Sniper-Traders

SIVR : Closed the position in parts

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BATS:SIVR   abrdn Physical Silver Shares ETF
Booked profits in separate levels. Half of the position was closed in breakeven levels for a mere 0.37% whereas the remaining half was closed at 3.83%.

The position didn't move as expected and did crash a bit before moving in the anticipated direction. But there are better opportunities out there as of now. So decided to book profit and re-allocate the capital elsewhere.

Will consider a re-entry if the price reverses back to the low of the descending channel.

Previous posts related to the same scrip and position are attached underneath. Do check them out.

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