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Most Anticipated Earnings: IAG-T, BDT-T and more Canadian Companies Reporting Earnings this Week (Nov 04-08)Weekly 52-Week Low (or 52-Week High): BDT-T, BN-T, YES-X, SPB-T and More 52-Week Highs and Lows (Oct 09-15)Markets rally, ex-techUsually silver will lead gold by a little bit. Everything in silver right now is looking really, really good. Chart shows a downward pattern, but has reached the upper side of the channel and should be breaking out anytime now, and do quite well through to mid-March and maybe April, depending on the whole complex. Silver is much more volatile than gold and tends to lead on the way up and on the way down.
Follows the overall pattern of silver. From a seasonal perspective, silver has a seasonal period from January 1st until March 31st. If we look over the last couple of years we saw a correction in 2015 and 2016 and saw a strong run at the beginning of 2017. We saw the same thing last year. This is a great setup. He likes to see a sector or stock like this pushed down before seasoning period, and then to start to go up and show some signs of strength. This is very favorable. Currently doesn’t look good at all, down to support level where we were last year at this time. But from a seasonal perspective, just enter into it on the slightest sign of strength, you don’t have to wait for a breakout. It’s set up well for the beginning of the seasonal period. Watch for a little bit more strength and then it’s good to go.
Historically, silver stocks in general, have a period of seasonal strength from the middle of December through until February of each year. The chart looks like this is off to a good start. This is a Trade, and you trade it until approximately the 1st week in March, and then you might want to take some profits.
Silvercrest Metals (SIL-T) or Silvercorp Metals (SVM-T)? His difficulty with this is the nature of the mineralization. They’ve made a lot of money mining silver, but it is difficult to get enough drill density on that target to prove up the big reserve, so he can never figure out what it is worth. It has performed well.
Not a big fan of commodities. Avoid – if you need to take a loss to offset gains this would be the time for that.
Caller writes covered calls. Right strategy? This is the right strategy. This one has very high premiums in it. Even if you get called away, you have made your percentage.
Silvercorp Metals Inc. is a Canadian stock, trading under the symbol SVM-T on the Toronto Stock Exchange (SVM-CT). It is usually referred to as TSX:SVM or SVM-T
In the last year, 1 stock analyst published opinions about SVM-T. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Silvercorp Metals Inc..
Silvercorp Metals Inc. was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Silvercorp Metals Inc..
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
1 stock analyst on Stockchase covered Silvercorp Metals Inc. In the last year. It is a trending stock that is worth watching.
On 2024-11-04, Silvercorp Metals Inc. (SVM-T) stock closed at a price of $6.28.
Part of syndicate that brought company to markets. Financials in China a little opaque, but company has been generous to shareholders through dividends and buybacks. Would recommend buying.