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Silver Wheaton Corp. Message Board

  • sami0418 sami0418 Nov 11, 2013 3:06 PM Flag

    Views. Anyone?

    Whats going on....Views from the TA's. Where can we expect the stock to close ? Whats bringing the move up? I see volumes have improved?

    Sentiment: Strong Buy

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    • Hi Sam. Not sure of overall setup, but using this mornings bottom at 20.82, we should move to 21.63 (a probable W3 top) with a possible pause at 21.44. Then a small retrace to (W4 down) to either 21.51, 21.44, or 21.38. Then Wave 5 back up to 22.13. That is the small 5 wave sequence that I see unfolding at the moment. However, if this morning was a double bottom (Wave 2 Retrace from Friday) then we go higher to a W3 probable peak of 22.90, then a retrace of W4, then up to finish W5 at 24.15. Hope this helps and didn't confuse you. Sharpie is better at time frames than I am and so I will defer. GLTA :)

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