Silver has broken out and there appears to be what I'd call at least profit taking so it's important to watch if you are long SLV.
This may just be profit taking, but you want to watch to see if price can hold above the breakout level.
Thursday, February 17, 2011
Not to rain on the parade
Just a note of caution here.
Silver has broken out and there appears to be what I'd call at least profit taking so it's important to watch if you are long SLV.
Intraday breakout to new highs.
3C negative divergence at new highs.
This may just be profit taking, but you want to watch to see if price can hold above the breakout level.
Silver has broken out and there appears to be what I'd call at least profit taking so it's important to watch if you are long SLV.
This may just be profit taking, but you want to watch to see if price can hold above the breakout level.
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