SVL 2.94% 16.5¢ silver mines limited

hmm...testing my patience, page-8

  1. 230 Posts.
    Jumped on board SVL yesterday.
    So far so good.

    Text from my AYN post giving my reasoning.

    "Quite a few bullish indicators are popping up.

    $USD confirmed a swing downwards last night, in advance of what I presume will be a bad US Jobs Report due tonight.
    This is bullish not only for PM's but also the stockmarket in general.

    Silver in particular has dropped quite a distance below the 50 & 200 MA and is due for a snap upwards.

    Very bearish sentiment on the $BPGDM (Gold Miners Bullish Percent Index) at a level of approx 13% is the lowest I've seen in a very long while.
    Generally anything around the 25% +/_ is a good indicator of a rally coming.

    I'd say we're due to snap back upto approx $40 in the next week or so....maybe even close to the $45 level and back down again.

    My plan, as stated in my recent posts was to buy after the Jobs report, however I think the risk has certainly lowered due to the above."

    Graphical representation attached below.

    Note! apologies for the size of the attachment....still learning how to do this on this forum.
 
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Last
16.5¢
Change
-0.005(2.94%)
Mkt cap ! $248.8M
Open High Low Value Volume
17.0¢ 17.5¢ 16.5¢ $496.7K 2.951M

Buyers (Bids)

No. Vol. Price($)
3 38364 16.5¢
 

Sellers (Offers)

Price($) Vol. No.
17.0¢ 615122 7
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Last trade - 16.10pm 12/07/2024 (20 minute delay) ?
SVL (ASX) Chart
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