August 11, 2013

SLV Weekend update


  • SLV Daily chart has closed above 50 Day SMA.
  • Weekly chart is yet to break above the descending channel. Price need to stay above the channel for a bigger up move to happen.
  • Weekly MACD is showing a bullish cross, for this one to perform well price need to stay above the channel shown in 2nd chart.

No comments:

Post a Comment