Buy Silver | 13 September 2019

Buy SIlver Now

Technical Observation

Since May this year, Silver has been in an active up trend, the end of August this year saw silver rise higher up to 29.00 but could not end higher.  After hitting this high, silver is now pulling back to the lowerside. While the price is still contained above the three Moving Averages acting as a dynamic support to the rising symbol, we're waiting for a rebound from this indicator to pick a low risk buy opportunity.  On this chart, only buy positions looks ideal and can be recommended, but in case of a decline below  the blue line, then we may look for sell positions.

Trade Recommendations:

Buy a rebound from the dynamic support above.

Gazprom Weekly review

Technical Observation

Gazprom is in an unfolding up trend. On this chart, I'm focusing only on  the following lines 209.34, 223.37, 238.70, 245.25, and 255.54. These are the lines that if price can successful bounce off of, then I'll be interested in a trade. On the 4 hours chart attached, I expect Gazprom shares to remains within a range, not going above 237.70 or below 233.37, if price breaks above 238.70, then I'll consider a buy position towards 245.25, and in case the price breaks below 223.37, then I will consider a sell towards 209.34.

Trade Recommendations:

Buy Gazprom shares with your take profit at 238.70.

Facebook Weekly review

Technical Observation

Few days ago, facebook shares broke out above the upper trendline acting as the resistance to the contracting wedge formation. While the price is contained above this shape formation and also above the three moving averages acting as the dynamic support, I'm waiting for a low risk buy opportunity towards 205.45. On its way to the upperside, the key lines to look for include 194.65, 200.05 and 205.45. And on the flip side, should pried breaks below 178.60, Then I'll be expecting a move towards 162.55.

Trade Recommendations:

Buy Facebook shares from  184.00 with your take profit at 205.45.