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Silver Wheaton Corp. Message Board

  • mpaulenoff mpaulenoff Apr 12, 2013 1:58 PM Flag

    Mike’s MPTrader Mid-Day Minute

    Mike has posted his Mid-Day Minute on MPTrader site: Silver Wheaton Corp. (SLW) points to a capitulation target zone of 25.20 to 24.60, which represents the next potentially-powerful support zone within the deep (and deepening) correction of the bull move from the May 16, 2012, low at 24.94 to the Nov 1, 2012, high at 41.30.

    From a big picture pattern perspective, only a break of the May 16, 2012, low at 24.94 wrecks the emergence of a new-bull leg in SLW.

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18.20-0.64(-3.40%)May 27 4:02 PMEDT