CHART trade alert:
I'm now thinning down most of my miners, selling some out...we broke down bottom trendline yesterday on daily, today we tapped that bottom trendline on bounce...I am charting each company individually, some charts say hold, some actually show strong sell (selling those)...
I'm going with my gut & chart...getting some cash pulled together for a big dip on metals...I still believe before silver blows up, it will back test $19 again...a monster dip will destroy the moral of all the "newbies" getting into silver in the $22-30 range...
I LOVE silver, but paper does control price & my gut says thin & get some cash ready for a buy op on a big dip...JMHO
This is a very hard move for me to make as I truly believe miners will blow up...that being said, I can always buy back a confirmed break back into the uptrend channel...
I could be 100% wrong, but chart says thin...Good luck if trading
