Morning all.
@HeyLine
Yes I agree, we need news and we need a higher silver price.
The news that I have expected is taking. long time to arrive.
Imho that does not mean it is not incoming.
With the political shuffling going on in Argentina and the current success of the new leader,
I expect the outcome to be more conducive to a better outcome for us.
If we look at the silver price, we also see another positive contribution to our cause.
We are currently sitting just below that smaller Red line.
The Red line is ~$30
A break above that brings about the target to the next Red line at ~$48
I think that a break above that line will be seen in the not too distant future, possibly even this year.
Now we look at the C&H to get a cup depth of ~$44.50
Over time, we could see a massive price expectation.
To give a simple target, $44.50 depth of cup added to the top of cup, $48.00 gives us $92.50
Or converted = $142.30 AUD
I am expecting the state of the world debt to have a significant influence on that price target, meaning that it could be very conservative.
So what is next?
Only patience.
Kind regards, Wack.
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Last
15.5¢ |
Change
-0.010(6.06%) |
Mkt cap ! $46.35M |
Open | High | Low | Value | Volume |
16.5¢ | 17.0¢ | 15.5¢ | $55.06K | 339.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 18999 | 15.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.5¢ | 117300 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 18999 | 0.155 |
3 | 180000 | 0.150 |
3 | 105851 | 0.145 |
3 | 193967 | 0.140 |
2 | 15384 | 0.130 |
Price($) | Vol. | No. |
---|---|---|
0.175 | 117300 | 2 |
0.185 | 61236 | 1 |
0.190 | 100000 | 1 |
0.195 | 45769 | 1 |
0.200 | 29841 | 3 |
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