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I smell a troll and misdirection... go find other goyim.
I'm out..
There is a strong buy on the weekly, also daily is backing it up... trend line not broken tho... I've taken a position here so my opinion is biased.
There is negative pressure from almost all the time frames... This could make new lows...
Que the dump
This is not a competition man, it's a collaboration... *takes a fat hit of ticker symbol CRON* stocks are nothing more then a stream of consciousness expressed in price, it's a collective Elliott wave of our state of mind, man. Also, mumble some other woo woo new age BS...
I'll begin with I'm not good at fundamental... but it makes sense to me that the price would want to gouge in 13.9 range... I'm sure there is a sea of stop loses sitting there. So, back to TA...daily currently looks good and we have some short term indicators backing it up... I'm not sure if I want to get in yet... I might want to wait for confirmation of a momentum change on daily...
I may have left a good position... but I left with a gain. I just didn't like the lack of enthusiasm... I was expecting a 2% pop. I would like to add "that is not how large your trading account is, it's how you use it".
Up we go.. touched bottom trend linr...
*** speculation *** I have no position, so here is my opinion... If you look at previous falls in slv, we have two structures that prevail. The first is a quick hard fall, with an equally quick reversal. Also, little buying on the fall. This has been the norm for the past few years. And the second structure is a more sustained fall with buying along the way. The main point,I want make is at the end of these falls we have a whip sawish range. That last for a few weeks-a month. Also, one could note a rounding habit of this ranges... well see what happens. I'm not interested in playing a choppy range... there are opportunities elsewhere, with less effort. Does anyone else see this or have an opinion?
Good observation PL, I agree... It's burnt out.
I'm not sure about next week... It's a bit wishy washy... So, as stated upper trend line was bounced off of. Now current price is resting a resistance lvl. But has not confirmed it. There is a significant break down on daliy TA. Also, weekly is not looking optimistic... But to counter all that, looking at GS PM index... Silver is a strong buy... Tuesday is the first data point of M/W/D so there is a lot to look at. Also, I don't do fundamental... But, Trump and Canada are throwing around rhetoric... Not sure how it effects silver.
Dubc did you mean to type dubs, friend? No worries if you didn't.
If you are offended by my comments... guess what you are...? A REALLY good "trader"... ; )
To answer my question the most important quality in a trader is autism. If you are not part autistic give up trading now... also never go full retard either : ]
Update*... well, we have a few problems with silver. The daily TA no longer looks positive... the weeks still retains SOME positive indicators so at SOME point I'll be optimistic about silver. The major upper trend line has been tested and rejected... so south we go. Also, strong short term TA is negative. It wouldn't surprise me if we make lower lows.
Typo... ment trader...
Also, question what do you think is the most important quality in a traded? Feel free to answer : ]]
Mmmah... traded out. Took a few points.... charts are too indecisive for me. I think I'm going to sit it out for a bit or look at other assets.
Took a position... here. It's at the bottom trend line. It might be preemptive, a few indicator are not sitting well with me. But, the big picture is green.
Hmmm idk about a gap up... it's been following the upper short term trend line rath hard... could swing to the lower trend line.... but this is all very short term... longer is solid...*for the time being*
Looks like On balance has been increasing all day... gap up tomorrow?
Well... Weekly, daily have clean TA for up swing... but most of the short term TA points down... so *I think*its going to be a choppy, bumpy way up.
Is this a silver thread or an episode of Alex Jones... lol
Sooo whats your point... "they" control everything... when I was younger I cared about "they"... but, too few ppl are woke. So, objectively my answer is to enjoy life and pull up a lawn chair, recline and watch the bonfire of sh*t. (Emo,blues or sad country playing in the background as I say this ; ]] )
You realize that playing around with stocks feeds the beast ; ) really, using money at all feeds it.
I dont do fundamental. But I checked usd TA... looks like it wants to drop... that could be a "reason"... but, reasons do not matter just TA and price movement.
Temporary bottom tested...
No worries almost everything I write is a joke, unless its TA. Never serious or offended... spent 8 years in the military.. not sure if I can be offended.
I DON'T have insecurity issues! Lol...
At this point I'm basically a silver god how often I'm right.
Lol... TA Duddy, I made money off that move... like I said short term up lift... meaning shortly after... guess what a fall. Feels good to be right.
Always do your own HW-TA, friend : ) never rely on anyone. I was jk about prophecies... it gets boring watching lines.
The daily histogram is picking up... (the week just started.. things can change) but, the indicators are showing positive signals. I looked at 10yrs of data... correlating similar moves. There is significant probability of a short term up swing. I took a small position.
It's rather tempting to buy here, I don't see anything on the daily that is a confirmed reversal... ( a little bit of buying is health in a down trend) the week, in particular is suggesting more selling. Same for the monthly.
My prognostics words are in my previous posts! I am the true prophet! I am the seeer!!!!!!
I warned you guys.... *I can feel my ego inflating*... feels good man, not to have a position right now. Wish I had some dslv... but missed the entry and didnt see a new one that felt comfortable with.
If all you have is hope, that is all you will have... lol