Post by
Merovingian2003 on Jan 16, 2015 5:32pm
Silver Wheaton - "Golden Cross"
SLW looks poised to go higher. May have a breather, but technically looks like a "golden cross" is imminent and room to run to the high $29-$30 heavy resistance level. Many bullish trends indicated as above the 50 & 200 MA. Great timing as despite the recent help from the Swiss, silver is seasonally strong during this period. So we've got a scenario of both positive technical and fundamental analysis here.