Trading Fam,
Silver has now touched my all-important red ascending trendline once again. I have decided to DCA in AGQ (2x long silver) today. Though we could drop further (thus, stops are important) down to my final target, my guess is that we'll at least get a decent bounce here on silver for a few days and maybe weeks. Time is drawing short, and the paper war on silver can only last so long before true demand cannot be held back. I am expecting at least $150-200 per oz by year's end.
Should we drop to that potential final target, I am willing to be stopped out until it is reached. At that point, I will enter in heavy. However, you wouldn't be wrong to hodl through because in either case, the longer-term hodler's will be paid well.
✌️Stew
Silver has now touched my all-important red ascending trendline once again. I have decided to DCA in AGQ (2x long silver) today. Though we could drop further (thus, stops are important) down to my final target, my guess is that we'll at least get a decent bounce here on silver for a few days and maybe weeks. Time is drawing short, and the paper war on silver can only last so long before true demand cannot be held back. I am expecting at least $150-200 per oz by year's end.
Should we drop to that potential final target, I am willing to be stopped out until it is reached. At that point, I will enter in heavy. However, you wouldn't be wrong to hodl through because in either case, the longer-term hodler's will be paid well.
✌️Stew
Stewdamus Trades -
Prophesying the price action of markets one chart at a time.
Crypto predictions, targets, how-tos, and much, much more!
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stewdam.us
Prophesying the price action of markets one chart at a time.
Crypto predictions, targets, how-tos, and much, much more!
Never miss a prophecy. Sign up for my free newsletter at:
stewdam.us
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Stewdamus Trades -
Prophesying the price action of markets one chart at a time.
Crypto predictions, targets, how-tos, and much, much more!
Never miss a prophecy. Sign up for my free newsletter at:
stewdam.us
Prophesying the price action of markets one chart at a time.
Crypto predictions, targets, how-tos, and much, much more!
Never miss a prophecy. Sign up for my free newsletter at:
stewdam.us
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.