The Silver Miner's ETF SIL has shown a powerful upside breakout this summer, and the upside potential is just now being recognized.
This comes after a major accumulation of "supply" in late 2018,by Big Money Commercials.
Daily Line Break Chart shown here, shows a compelling bullish breakout,of a rounded bottom formation. Note the successive "green bar" upside breakout pattern on the chart this summer.
If it feels like you may have missed this initial powerful burst to the upside in SIL, this summer and you feel like you were caught sleeping at the wheel if you missed this just try to be diligent and patient. But do get in. Accumulate with limit buys, below the market.
Chart Interpretation: Upside Target for SIL could be to at least 44.00
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