silver bells

23 apr 2021

Silver stuck in a massive bull pennant, but I think it'll finally wake up this summer and rip out of that flag. The 1S chart shows it failed at resistance today, but there's really good historical support @ ~$38.75, so if it retests there, room to stage a massive rally, 36% by end of summer (just to retest its highs, possibly higher). Solid dividend, I'm buying shares and call options, puts when the MACD tops, and probably ahead of the curve because we're in a perpetual rolling correction these days, a ton of liquidity & chasing occurring, this thing will get volatile & turn on a dime the minute some knucklehead does a 10 minute powerpoint about it on national television.