SVL 2.63% 18.5¢ silver mines limited

Dunno what hes upto but i agree for the majority of users its...

  1. 3,612 Posts.
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    Dunno what hes upto but i agree for the majority of users its not beneficial so ill add below the gold and silver charts and commentary.

    Silver: Its currently formed a symmetrical triangle on the 30 min chart, This indicates and indecision upon which way its going to move next, that indecision comes from silver wanting to move higher and the gold chart as you will see below about to have a large downturn, The Convergence between gold and silver prices is underway, and when gold drops hard, silver shouldn't have nearly a substantial drop therefore closing the gap between the two.


    https://hotcopper.com.au/data/attachments/2351/2351116-66d8800fe1b1137ae78f291732efb16a.jpg


    Gold: Ascending wedge pattern in play after a large run, bearish pattern - Note the high volumes on drops and small volumes on increases, Looking to fall very hard soon, silver should weather the storm, Have repeated this same notion across multiple gold stocks so last time ill write it as never receive any positive feedback, as always - tight stops and watch the trend its always your friend.


    https://hotcopper.com.au/data/attachments/2351/2351121-85a5425521efa0ffc56318dce8a7c34d.jpg

    IMO
 
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Last
18.5¢
Change
-0.005(2.63%)
Mkt cap ! $278.9M
Open High Low Value Volume
18.5¢ 18.8¢ 18.0¢ $416.4K 2.253M

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No. Vol. Price($)
58 1876301 18.0¢
 

Sellers (Offers)

Price($) Vol. No.
18.5¢ 338142 5
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Last trade - 16.10pm 18/04/2024 (20 minute delay) ?
Last
18.3¢
  Change
-0.005 ( 1.08 %)
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18.8¢ 18.8¢ 18.0¢ 1215966
Last updated 15.59pm 18/04/2024 ?
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