4Mo
@Epi With pleasure!
A continuation of the silver rally is practically a prerequisite for this trade to work.
I see the advantage in the specific technical setup of this stock.
Also, silver is still about 15% away from its 2011 high, while $FR is 220% away 😁
In short: more leverage! (Even more than $3LSI)
A continuation of the silver rally is practically a prerequisite for this trade to work.
I see the advantage in the specific technical setup of this stock.
Also, silver is still about 15% away from its 2011 high, while $FR is 220% away 😁
In short: more leverage! (Even more than $3LSI)
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4Mo
@BigMo Could well be. But that presupposes that FR reaches the ATH for silver itself. It didn't even work with the gold mines. I even believe that a synthetic $3LSI is just as far below the ATH as the silver mines.
Otherwise, of course, the companies have a number of problems that have little to do with the metal price: Energy prices, skills shortages, environmental movements, political uncertainties.
Since I've gotten a bit more involved in the matter, I prefer to bet directly on metal.
But as the saying goes? The tide lifts all boats. 😅
Otherwise, of course, the companies have a number of problems that have little to do with the metal price: Energy prices, skills shortages, environmental movements, political uncertainties.
Since I've gotten a bit more involved in the matter, I prefer to bet directly on metal.
But as the saying goes? The tide lifts all boats. 😅
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•4Mo
Yes, the risk is naturally high with such unprofitable holdings.
I trade here strictly according to the chart technique and not according to fundamental criteria.
The bottom formation and the very high buying volume convince me 😬
If we see another setback towards the 200-week SMA, I'll go for it 🙏
I trade here strictly according to the chart technique and not according to fundamental criteria.
The bottom formation and the very high buying volume convince me 😬
If we see another setback towards the 200-week SMA, I'll go for it 🙏
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