TSXV:SLX.P - Post by User
Comment by
whypromoteon Apr 12, 2011 10:32am
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Post# 18418612
RE: RE: Silver still over 40$
RE: RE: Silver still over 40$When momentum leaves the commodity space.
Oil and the PM's selling off WITH the dollar? Always amazed at how fast the " chart monkeys " can run when a " trend "....at least for a day or so....PERCEPTION changes.
And us? Our lower highs and lower lows since last Dec..TA 101. Classic falling knife...nary a bounce. If we do bounce it would be in this range.
https://stockcharts.com/h-sc/ui?s=SLX.TO&p=D&b=5&g=0&id=p81389089645
Obviously oversold but oversold can get more oversold. Not much support under where we are now.....till PP land. Low $.60's.
Broken record on this but...where would we be if SILVER sold off?
Don't answer.
p