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andrew.berg
14 Th05 2014 15:07

Silver bounce from major support  Giá lên

Mô tả

Silver is hovering around on major support that is intact since July 2013.It is definitely something to keep on your radar.

ENTRY:
The break above 19.75ish will attract more active buyers.

TARGETS:
Next resistance is @ $21 where 200 MA then $22 February high. Break below $18.217-$19 support zone could lead to down momentum as buyers who relied on that level of support will be forced to cover their losing positions.

STOP: below $19.00 and I use short term moving averages to trim and trail my profits
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