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The Not-So-Bad News for Silver Bulls

IMG Auteur

Published : September 04th, 2018

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Category : Technical Analysis


	I posted a worst-case target of 9.35 here earlier, but because things might not turn out that bad, I am proffering an alternative at 13.527 that allows for a less dire outcome. However, that is my minimum downside projection for now, and regardless of what your long-term strategy is for silver, I would not recommend buying any more of it until 13.527 is reached. For purposes of bottom-fishing, you can expect a significant bounce from that number, given the precise bounce in December 2017 from p=16.024. If you don't subscribe to Rick's Picks, just click here for a free two-week trial. It will give you instant access not only to the chat room, but to actionable 'touts', intraday alerts and impromptu ‘requests’ sessions online.

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IMG Auteur

Rick Ackerman 13 abonnés

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Rick Ackerman is the editor of Rick’s Picks, a daily trading newsletter and intraday advisory packed with detailed strategies, fresh ideas and plain old horse sense.

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