We don't need no stinkin charts. It's the macro-economy and political events including printing dollars you should be worried about. In the long run SLW will go up but in the long run we are all dead. I believe it is a Jim Morrison economy, "The future is uncertain and the end is always near."
What price did you sell out? What day?? want to know so as to check out what the charts were saying then. Thanks.
Just because you sold too soon does not mean you cannot pay more to get back in.Each trade is a singular event and has nothing to do with your last trade. It is the DIRECTION OF A STOCK that counts:not the price you last sold at. I frequently trade this way,as well as average down on Slw.
I would not want to be naked on SLW. Don't sell your whole position;sell part if you must.
Don't know what chart you are looking at. I don't think this chart looks particularly weak. I might agree that it would be smart to wait for a pull back (if we get one) but it has closed pretty close to the high of the year.
In the view of the metals selling off some last week, I think the shares are holding up pretty well.
Perhaps they are beginning to lead the PMs now. They were certainly beaten to a pulp through most of the year. Maybe rotation time?
This stock is so over bought it has to fall back even if Silver moves up 5 dollars. I'm prolly going short tomorrow. We need Silver to move up 5 bucks and this stock to fall back about 5 dollars to get things back in balance. It's only off bout 7 dollars when Silver was almost 50.