ryanchai

SLV: time to invest in Silver?

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AMEX:SLV   iShares Silver Trust
# SLV is downtrend & has no reversal sign yet.
# Good margin of safety as the price is low.
# First sign of trend reversal is when SLV make a "higher high" by breaking above $15.50, second sign is "higher low", which is above $13.
# (if) Pulling back to new uptrend line is considered as healthy.
# Early Buy Entry: Point A, 2nd Buy Entry: Point B
交易結束:目標達成:
Price break above R15.5 and retested the level, and go higher.
評論:
Beware for Long position as Silver price has formed reversal.
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