Quote from murrica:
Thread was started 8/27. Was one day early.
Looks like a buy spot for Silver. Everyone crying for more downside in precious metals, thus expecting a rally from here. Small little triangle here. Big honking bar above 19.75 for Silver (symbol /SI in TOS) will be expected if the move up towards primary downtrend resistance is solid. Could try buying above 19.75 but I dislike breakout plays, personally. Could try buying around 19.30 with a fairly tight stop, but currently we are at 19.60, and no assurance we will get there (i.e. swing bottom might be in).
This is not a trading recommendation, just for info and discussion. I am not responsible for your decisions, etc. Happy holidays.
