Silver Overextended, OKLO at Critical Support

1. $iShares Silver Trust(SLV)$

SLV / #silver is finally pulling back after flashing “overpriced” for a while.

It just tagged the 2x Deviation Band this month – a level that’s historically where I trim profits, not add risk (think 2011 behavior).

I wouldn’t short silver, but I’d be taking profits here, and I definitely wouldn’t be a new buyer at this stage of the cycle.

2. $Oklo Inc.(OKLO)$

If OKLO is going to bounce, it’s here or nowhere.

Price is sitting on a 451M share THT Volume Pro support shelf with Monthly BX still green (bull cycle intact).

Big volume. Bull cycle. Clean level. This is the spot where serious buyers either show up… or the thesis dies.

For SG users only, Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with unlimited trading on SG, HK, and US stocks, as well as ETFs.

🎉Cash Boost Account Now Supports 35,000+ Stocks & ETFs – Greater Flexibility Now

Find out more here.

Complete your first Cash Boost Account trade with a trade amount of ≥ SGD1000* to get SGD 688 stock vouchers*! The trade can be executed using any payment type available under the Cash Boost Account: Cash, CPF, SRS, or CDP.

Click to access the activity

Other helpful links:

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

  • Top
  • Latest
empty
No comments yet