Power Plays New Idea: SLV
March 28, 2024

By Scott Redler

Name: iShares Silver Trust

Ticker: SLV

Price: $22.69

Needs to Hold: $20.80 to $21.80

Price Objective 1: $25 to $27

Price Objective 2: N/A

I'm making SLV our latest Power Play.

GLD has been great for us, and I believe SLV is about to play catch-up.

If SLV can break through the $23 area, it can hit the $25 to $27 area.

This may be more of a slow grinder, but I still like it.

-Scott

Scott Redler Positions Disclosure as of 2024-03-28 1.42.03 PM