A Quiet, Steady Week That Sets Us Up for Strong Action Now
Silver gained only 0.04% this past week and remains in the uptrend channel I talked about last weekend.
Silver can be bought near the low end of the channel and sold near the top, if you are a quick and alert trader, or or if you just bought near the low end and hold until this channel breaks down.
I'm not trading silver here but maybe in the fall once we see a better base form and I've seen some more action I will.
For now, silver is fine and trending higher.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts