Silver Overextended, OKLO at Critical Support

PeterDiCarlo
01-01

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.

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