I'm looking at $19.50 as the target for spot silver. The reason for this is simply because that was a significant resistance which, when broken, resulted in a huge move.The recent low at 20.2 may even have been enough of a test of this level and the daily chart (not shown) had a large hammer on that day indicating that the $20 area had been heavily targeted.Having missed that bounce, the way I'd play this now is to either wait for 19.5 or to trade a 123-low breakout. This is when we wait for a higher low to form (I'm talking about using daily charts for this) and then buy when it breaks through to a new high above that of the initial bounce. In essence, that's what happened when the price broke 19.5 - it was a sequence of higher lows and then a break to a new high....

POG now looks to have made a higher low and a short term trendline break since the hammer at that dual support of 117p and 123p.A close above 135p would make a higher high and perhaps target the 154p area. Original link...

Getting started in the stock Market  The very Basic. Companies go to the stock market to raise funds.This is done Via the issue of shares. If you purchased shares you are issued with a share certificate.Now adays share certificates are held by your broker.These shares gives you voting rights and also can get dividends from the company profits depending on how many shares you have in the company. Getting started The first thing you need to do is open up a share dealing account. There are many companies offering this service. The companies below are just a small selection of potential companies giving the service.  In no particular order. Prices could have changed since writing this article so bear that in mind. Hargreaves Lansdown.       No Annual Fee.     £11.95 per trade Halifax Share Dealing.      No Annual Fee.     £11.95 per trade TD Direct...

This is an update to the Interesting Chart section on www.chartsview.co.uk.  This section shows the  shares that have great potential for the coming weeks. In this blog i will be looking at how well these tips have done by showing you the before and after picture. Its been a mixed few weeks on the interesting chart section. There have been a few false breakouts but thats where the stops would kick in.Some shares just went sideways and faded out and others just took off . The Interesting chart section is primarily for short term trading and not long term. So some of the charts that i put up will show prices moved back down or up but from a day trading point of view were perfect. Thats the goal of the interesting chart section. For more great tips your best bet is to monitor the forums as thats where i post live...

LLOY formed an inside bar yesterday and may be forming another today (early in the day yet though) so I'll stay short on this.My stop is still above the 63.5p level of the lower high. Target remains 56.14p initially. Original link...