SLV cleared my 22.23 target on a gap up open, the third in a week or so. I have set two additional targets that may be achieved if the metals trade can continue higher before a much needed consolidation phase. Next two targets are $23.62 and $25.17, the latter marking what I would call the control line for the stock. Watching closely and have reduced most exposure in mining stocks and a big part of my SLV and GLD holdings to be prudent.
Note
Hit first target of $23.62 after hours
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.
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.