New York
London
Tokyo
My 2 Cents
A Trading Metro Member Blog

Key Upside Silver Level To Short

The iShares Silver Trust (ETF) (NYSEARCA:SLV) has had a great run in 2012. Many traders are wondering when it will start to collapse back down. The key is to look at the chart. By looking at the chart you can discover key entries and exits on longs and shorts that will make you millions.

Connect the highs from 2011. Drag that line all the way down to the current time frame. That is your target on the SLV. Once the level is tagged, a short can be taken.

Gareth Soloway
InTheMoneyStocks.com

Tagged as: , ,

SocialTwist Tell-a-Friend

Leave a Response

Trading Metro
Disclaimer

Before diving into the legalese below, use your common sense when trading. Rely on yourself to define trade execution, don't trade with money you cannot afford to lose, and know the risks of trading. Be responsible, be honest, and use common sense.

Online trading, especially that on margin carries a high level of risk and may not be suitable for all investors. Opinions expressed at Trading Metro are those of the independent authors and do not necessarily represent the opinion of Trading Metro. Trading Metro has not verified the accuracy of any claim or statement made by any independent author. It's your responsibility to ensure the veracity of information presented.

Any solutions, opinions, news, research, analyses, prices or other information contained on this website, by Trading Metro, its employees, partners or contributors, is provided as general market commentary and tools, and does not constitute investment advice. Trading Metro will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. Information on Trading Metro is NOT a recommendation or solicitation to buy or sell any securities. Your use of this and all information contained on Trading Metro is governed by the Terms and Conditions of Use. Please click the link to view those terms. Follow this link to read our Editorial Policy and our Privacy Notice.

Feedback Form