DYOR NFA IMO etc etc..
Longer lens for me...
Silver to $40-$41 handle this year before retracing back to FIB levels. Too many narratives have a "pull back soon". Silver Broke Out!! Close your $30 shorts. They're done. End of Trade!!
Chart Porn for the knowledgeable below:
Could shoot through resistance too. Commodities are doing stranger things this cycle. $80 range is my 2025 / 2026 target.
SVL price: Simply put: Commodity breaks out........then the miners and producers...... (logic.... shocking I know right...) .... then the juniors and explorers.
Big sell on Friday auction was a handbrake position closing, or a divorce settlement or a tax 2025 play (some do it before breakouts too just fyi....... shhhhhh).......irrelevant. Small potatoes in the grand scheme. Seen it many times. It was too blatant to be insider trading thus logically it wasn't.
As for the comments made by management about wrapping up Drill Campaign....Dumbledore says it best.....
Or maybe a Paul Roos for the Sports inclined......
As for SVL charting:
Only giving a broad long overview with no specifics because I owe no-one nothing here. But if you do your Investopedia research and pattern probability analysis and Commodity cycle research and Lassonde Curve timelines you'll come up with your own ranges and thus valuations.
GLA...seriously I mean that. Silver bugs have suffered long enough.
Sooooo good to have stacked over 2,000oz physical which took me 4yrs and some personal sacrifice to accomplish. Mike Maloney was the one that opened my eyes when I watched his series 5+ years ago. Now I'm on the SVL bandwagon with a holding 2 x the value of the physical.
Sooo with that Sunday tangent wrapped up.......
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DYOR NFA IMO etc etc..Longer lens for me...Silver to $40-$41...
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Last
10.5¢ |
Change
0.008(8.25%) |
Mkt cap ! $158.3M |
Open | High | Low | Value | Volume |
9.7¢ | 10.5¢ | 9.4¢ | $1.133M | 11.57M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 231000 | 10.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.5¢ | 1959582 | 14 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 231000 | 0.100 |
2 | 420000 | 0.099 |
7 | 978667 | 0.098 |
5 | 982883 | 0.097 |
6 | 921773 | 0.096 |
Price($) | Vol. | No. |
---|---|---|
0.105 | 1959582 | 14 |
0.110 | 1259834 | 13 |
0.115 | 1012727 | 15 |
0.120 | 1001736 | 17 |
0.125 | 1158368 | 16 |
Last trade - 16.10pm 13/11/2024 (20 minute delay) ? |
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SVL (ASX) Chart |