RizeSenpai

SLV: Bullish Head and Shoulders and Piercing Line on the Weekly

Long
BATS:SLV   iShares Silver Trust
There is a Bullish Inverted Head and Shoulders with a Piercing Line on the potential Right Shoulder visible on the weekly timeframe above the 800-week EMA who's measured move would take it all the way up to the 1.272 Fibonacci Extension
if the pattern plays out.

The move up in SLV should be supported by the rising of the TLT and Falling of Yields (if that trend should continue).

I will be getting the ITM Calls, expiring April 19th.

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