Well, it does mirror the TSX indice. Easy answer is volume - If people sell shares around this price (as I am considering doing for more profit taking) , we should also have new buyers come along and it could open up resistance areas to get thru. I don't have access to the resistance and support areas, but it has been acting toppy around 2.30. We need to break thru and move to 2.40
You talk as if SVMLF hasn't had any gain with the price of silver. Better double check that considering we were below $1 not long ago.
I am perplexed myself. Worst performer I own. I have plenty of shares here. I don't need more. Performance lacking, why? Not even insider, shorting, institutional buying/selling is showing why. What is going on? Naked shorting or ?
It's only valuable if you trade daily. We are in a bull market. No need to sell unless you need the money or are a swing trader. I do trade, but I don't always have the time. If it drops more, like to $2.50 - I will add.