Inv H and S has formed on the NEWWAVESLV. And the price has recently broken above the neckline.
We can expect a retest to the support (which was resistance) before the next move up.
Other indicators show upside to come including:
7>21>200
RSI>50
My first target is to R5.54 - Bullish Biased
ABOUT THE NEW WAVE SLV ETN
The NewWave Silver ETN is issued by Absa...
