TradingView
nmike
Oct 3, 2012 3:21 AM

SLV.......CLONING TECHNIQUE Long

iShares Silver TrustArca

Description

At present we have SLV at the top of current channel.At this point I outlined 4 basic possibilities.If one day SLV closes
above the top channel then you can CLONE another channel and place it above.

Comments
QuantitativeExhaustion
nmike
good analysis, the key is a break out of the yellow channel :)
QuantitativeExhaustion
I agree and a retest of the prior trend line you have drawn. Eve and Adam acsending double bottom ... extremely bullish
nmike
>>>>following path # 3...currently neutral...
nmike
.... SLV is following path 3 or 4 ...short term bearish
nmike
...so far SLV is following path 3 or 4
yalo
Followed.
charttrader
Agreed.
kamkam1
Agreed.
More