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Silver Wheaton Corp. Message Board

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  • allwaysonthebid allwaysonthebid Jan 24, 2013 11:21 AM Flag

    bull trap setup here

    with regard to SLV and SLW ... SLW got over the 50DMA but bumped up against its down trend line, failed to hold the 50DMA and sold off quite quickly... As for SLV or silver you cant rule out a shakeout prior to expiration next week... I am Fundamentally bullish on both SLW and SLV but must say the price action on SLW is screaming lower prices ahead... dont care to admit it but SLW may lose another dollar or so in the short run....

25.60-1.22(-4.55%)4:02 PMEDT