Market Curiosity: Exploring Markets And Systems

September 1, 2012

SLW: buying the dips.

Filed under: Just Watching — Tags: — Jeff Fitzmyers @ 9:43 pm

Monthly.
+ Short term RSI moving up through medium term RSI.
– Volume is weak so far.

If the down sloping rectangle is a halfway patten, the price target is about 68.

Weekly.
+ Obviously rising to the top trend line.
– Volume is low.
+ EMA’s are moving up
– Expecting a pause near 35 due to trendline and short term RSI is getting above 70.

Daily.
+ Relatively good volume the past month.
+ RSI’s are rather high.

Realted:
+ SLW update from Steve Sjuggerud – get ready to buy. And upcoming stock turning point might not be a high after all…
+ Silver: 4 reasons to be long
+ Silver and gold – Long if a buy stop triggers near yesterday’s highs.

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