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iShares Silver Trust
Long

$SLV IShares Silver Trust $22.30 target

621
The inevitable selloff arrived and it looks like it may have some more room to fall.
We see $22.30 as a possible level of support which may be temporary.
Lots of inexperienced traders FOMO'd into this so weak hands all the way up from the mid teens.
Multiple gaps are also negative, so caution needed and avoid a falling knife
RedHotStocks
Also on:
Chart PatternsTrend Analysis

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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Chart PatternsTrend Analysis
RedHotStocks
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.