Hold on to nothing we know
I feel so lonely way up here
--The Motels
A couple weeks back we noted that SLV was close to breaking its uptrend line. This has since occurred.
Am now eyeing the support line in the $24-25 range created from last November's gap higher. Technicians like to say that all gaps are meant to be filled. SLV is about a buck away from the gap. May represent interesting trade if/when...
no positions
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1 comment:
Interestingly, the gap at $24-25 was filled 9 days after inception
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