[briansmith456]

Thanks Isa but most of these really strong looking charts are already 50%+ above the 10 sma on the weekly chart so even if they break above last weeks highs you would still be a buyer despite being so far extended from the 10 sma on the weekly?

For example, AG is about 45% above its 10 sma weekly now so you would still buy it if it cleared last weeks high?

SSRM is about 25% above its 10 sma weekly so I would be more comfortable buying it if it breaks above Friday's high of 16.11. I am trying to find miners like SSRM that are under 30% above their 10 sma weekly that have had good volume.

No, none would interest me at the moment, as they are all way too extended for my risk parameters that I've mentioned on here many times. As I'm always looking for a volatility contraction pattern (VCP) normally. Or when a stock has already broken out in a strong sector (like my entry in KL last Monday), or at least a small consolidation for a few weeks on lighter volume near the highs, but still showing potential for a further move. For me if the Silver is indeed breaking out into Stage 2, then there will be better, lower risk setups in the months to come, when it's had time to digest this initial short covering rally. As I prefer to trade from a lower risk setup once a Stage 2 is established and the path of least resistance is clear. As the early Stage 2A phase can take many months sometimes, with a lot of churning back and forth.

Yes, this was my point. They are all extended too far from their 10 SMA from a risk perspective so wanted to make sure I understood you as it is not just a matter of buying above last week's highs given how extended they all are. I am hoping for a pullback but time will tell.