Okay, 2 things. 1. I was wrong in my post yesterday about the 10/31/13 gap being at 23.74. It was actually on 10/30/2013 close at 24.42 and gaped down the next morning to 23.42 and retraced to 23.74 within a few minutes before continuing down to 22.64 ish. 2. I read an article a week or two ago that said if SLW does not close and hold the 24.00 ish dollar price level with authority, it would be a strong short. Very strong short. Just thought I would share as this has been floating around in the back of my mind as of late. Didn't really pay it much attention as we were in the 21's & 22's.
Has to be your decision sami. look at a daily chart, I see resistance at 24.35 / 24.40, always an urge to sell at a loss, for all of us, sort of have to use stop losses or have a plan made. I'm waiting a bit
Thanks all 4 reel, What does the DP stand for? I've know in the past, but forgotten. I think I want to compute the S 4 and R4 points, Yes, some Pro traders even use Yearly and quarterly pivot points, make myself take on a pivot point project for silver and SLW