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20.8¢ silver mines limited

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Rorbag

1,168 Posts.

213

01/05/24

16:51

Post #: 73613468
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Originally posted by Bobbieb: ↑

It seems that Silver has now pulled back to retest the inverted head and shoulders breakout. There are about 3 other key TA patterns that have also been confirmed just today. With a higher than anticipated US ECI last night, people are starting to realise that inflation isnt going away (https://www.cnn.com/2024/04/30/economy/employment-cost-index-eci-wages-q1/index.html).

With the FED rate hike decision tonight, we might have enough inflation for their continued pause in rates to justify a Silver and Gold breakout i.e. 1970s Stagflation breakout. If the FED signals that they are ending the MBS and treasury selling, that would add significant fuel to the fire.

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SVL Price at posting: 16.5¢ Sentiment: Buy Disclosure: Not Held
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(20min delay)
Last 20.8¢		Change 0.003(1.22%)		Mkt cap ! $316.6M

Open	High	Low	Value	Volume
21.5¢	21.5¢	20.5¢	$286.1K	1.348M

Buyers (Bids)

No.	Vol.	Price($)
37	2324902	20.5¢

Sellers (Offers)

Price($)	Vol.	No.
21.0¢	763987	25

View Market Depth

No.	Vol.	Price($)
37	2324902	0.205
36	2897876	0.200
17	954097	0.195
27	957536	0.190
19	1597959	0.185

Price($)	Vol.	No.
0.210	763987	25
0.215	1585906	22
0.220	1869330	45
0.225	1626538	32
0.230	877715	17

Last trade - 13.13pm 22/05/2024 (20 minute delay)


Last 20.8¢			Change 0.003 ( 0.10 %)
Open	High		Low	Volume
21.0¢	21.0¢		20.8¢	528418
Last updated 13.03pm 22/05/2024 ?

SVL (ASX) Chart

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