Is SLW Preparing to Launch into a New Upleg?

Silver Wheaton Corp. (SLW) had the right look of a completed correction from the Jan 21 high at 24.22, to the Jan 29 low at 21.80, followed by the initiation of a new upleg that is on the verge of an upside thrust off of its rising 40- and 200-day EMA’s.

As long as 21.80 support contains any forthcoming weakness, I want to be long SLW.