Continuing Coverage of Silver
Remember this chart? It's looking like my Orange target is not going to get hit since it's taking a little longer than initially expected, but the Purple target is looking better every day.
If you look back to October of 2012, you can see the last time MACD rising support was broken and the decline that followed. Fast forward ahead one year and we are seeing the same type of situation. MACD broke down and is now hooking lower. We could see a similar extension as the wave-3 of this C.
I am keeping my original heavy buy target of $15 even though the labeled target is ~$13.67. I am also spreading a few buys lower down to $10 (just in case) I don't want to be too greedy ;)
If you look back to October of 2012, you can see the last time MACD rising support was broken and the decline that followed. Fast forward ahead one year and we are seeing the same type of situation. MACD broke down and is now hooking lower. We could see a similar extension as the wave-3 of this C.
I am keeping my original heavy buy target of $15 even though the labeled target is ~$13.67. I am also spreading a few buys lower down to $10 (just in case) I don't want to be too greedy ;)
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.