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Silver Wheaton Corp. Message Board

  • kazansky_98 kazansky_98 Mar 17, 2014 9:14 AM Flag

    silver hanging in there

    I think the range today in SLW will be about 26.25 on the low end and a stab at taking out the 27.14 highs. Earnings are on Thursday after the close so If SLW can stay a loft into earnings it should build a nice flag to break higher from. Maybe 29 after earnings on Friday and then the short sellers come in hard and fast for a couple of months time as the price of silver has thus far not done what SLW traders have been gambling on. The earnings should be mediocre at best but they will all predict higher prices in the future ( as that is what they want ), but no one knows the price of anything in the future, if they tell you they do, RUN.

    Anyways, just a complete guess. Let's see how it plays out. Of course, silver closing back below 21.20 would cause some trouble for SLW. So far, the uptrend in silver is being defended.

24.15-0.14(-0.58%)11:33 AMEDT