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SLV Price Target Hit + Misc. Notes

SLV 60 minute April 28th SLV (Silver ETF) has hit the 2nd & preferred short-term target of 15.81 and is currently trading at the previously stated 15.85 resistance level. This give SLV about a 6% gain & AGQ nearly triple that in less than one week. Consider booking profits and/or raising stops. SLV and AGQ (3x long silver etf) were posted as a "unofficial" trade ideas in Wednesday's Silver Poised To Rally post when prices were trading at the bottom of a bullish falling wedge pattern on the 60-minute time frame. From there, SLV went on to undercut one [...]

2017-03-08T21:20:31+00:00 Apr 28, 2015 11:29am|Categories: Completed Trades - Long, Gold & Commodities|Tags: , , |Comments Off on SLV Price Target Hit + Misc. Notes