I'm thinking of buying silver - what does everybody think?

Answers

EthanR answered a question in Commodities.
3127 points

EthanR answered 3 months ago …

Creezy, I think SLV is definitely a trade here, with an RSI (14) of 19.24 and full stochastics of 6/7. It is truly oversold and due for a bounce. But I'm not sure how high the bounce will bring it, certainly no higher than the 200 day M.A. at 16.61. But that's a nice move up from current price of 12.70, so I say thumbs up.

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