I started a position today at $13.40. I like this ETF as catalyst story in an election year. We all know the U.S. is slowly opening its doors for the marijuana story. Maybe we can get an election boost out of this name.
I wanted to get in lower, but I see an upwards channel forming! What are your thoughts?
After a bullish divergence (blue lines) AMEX:SLV has looked strong and looks to be breaking out today of a smaller congestion pattern. Near side resistance at $15.95 and $16.05
