Tuesday, December 18, 2012

12/18: SLW update

Silver Wheaton has sold off sharply today along with silver and the precious metals complex, however, my short-term target is still the red rising resistance trendline.

I believe SLW is bottoming here (Wave d) and will make its way up to resistance in the coming trading days (near the Wave e/X label around $39-$39.50).

No comments:

Post a Comment