Congratulations to long-time reader “Brushfyah” for correctly guessing the mystery chart from my last post.
As Brush noted, the chart is of silver miner, Silver Wheaton (SLW).
Here is what Brush had to say:
Silver miners outperforming the metals and the gold miners is bullish for the entire sector this year
What do you think? A tradable low? Or something more for this year?
You can see the attempt at a durable low right near prior resistance levels dating back several years. Price has memory, as they say.
Thank you to everyone who played.
I will be back later with ideas for the holiday-shortened week.
But I already gave tight analysis in my latest Weekly Strategy Session published, earlier today. Check it out!
___________________________________________________________
If you enjoy the content at iBankCoin, please follow us on Twitter
$AUQ monster week
Yep