/biz/ - Business & Finance

>>53653541
I'll take a look but honestly these small caps just seem to be moving with the price of the metals right now so spot charts seem more important. A chart could look one way but if Silver moves tomorrow then they're going in that direction no matter how they look today.

It's not in any kind of swingline trend at the minute, just been chopping for months albiet slightly upwards. RSI is neutral outside of a bearish crossover. In a single day it broke and closed under three different MAs (18, 45 and 200) which sucks but there's a a gap to fill between the past two bars and the 18 is still on top so that could change today.

Assuming that dip was on no news and is just being dragged down by spot entering a DCL, looks likely since its last big move was November when Silver started moving, then it could just be a buying oppurtunity if you've got faith in the company. It could go further down and touch the 100DMA (yellow) which is what I would usually wait for if it doesn't bounce back above the other MAs today, but if Silver finishes its DCL before then it's going back up with spot regardless.

It's so choppy and volatile I'd honestly just pay attention to spot price instead and DCA on dips if you have faith in the company and want a bigger position.