SilverCrest Metals Inc. - NYSE:$SILV On Watch
While both Gold and Silver, the physical metals themselves, have been the recipient of a strong move this past week, there are those precious metals miners equities whom continue to display excellent technical characteristics and find themselves perched in a favorable posture. SilverCrest Metals Inc - SILV being just one that garners attention.
When examining the Daily chart above, we can observe that SILV presently trades above all of its important moving averages (20/50/200 DMA's) and remains in fine technical shape.
In addition, if one were to zoom-out on both the Weekly and Monthly chart duration, we can also see that SILV continues to sport a healthy look across multiple time-frames, another positive for the stock.
Although further work remains, both investors/traders may want to continue to monitor the action closely in the days/weeks ahead.
Should SILV be capable of taking-out the $3.90 figure at any point in the days/weeks ahead, such development would project all-time highs and Blue Skies ahead.
Thus, we at https://insiderfinancial.com/ continue to monitor the name closely and have it front-and-center On Watch.
When examining the Daily chart above, we can observe that SILV presently trades above all of its important moving averages (20/50/200 DMA's) and remains in fine technical shape.
In addition, if one were to zoom-out on both the Weekly and Monthly chart duration, we can also see that SILV continues to sport a healthy look across multiple time-frames, another positive for the stock.
Although further work remains, both investors/traders may want to continue to monitor the action closely in the days/weeks ahead.
Should SILV be capable of taking-out the $3.90 figure at any point in the days/weeks ahead, such development would project all-time highs and Blue Skies ahead.
Thus, we at https://insiderfinancial.com/ continue to monitor the name closely and have it front-and-center On Watch.
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We are not financial advisors. Always conduct your own research and read our full disclaimer at insiderfinancial.com/disclaimer/
We are not financial advisors. Always conduct your own research and read our full disclaimer at insiderfinancial.com/disclaimer/
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