SLW Emerges from its Apr-Aug Base Formation

Purely from a pattern perspective, you can see my minimum, optimal, and outlier targets for the upside breakout in Silver Wheaton Corp. (SLW) from its Apr-Aug base pattern.

Only a break that sustains beneath 25.20 will begin to weaken the pattern, while a decline that breaks today's low at 24.31 will neutralize it altogether.


  Matched
x
  • In our live, interactive Trading Room, we identify trading opportunities in ...
  • Equity Index Futures
  • Index & Sector ETFs
  • Individual Stocks
  • Precious Metals
  • Energy
  • Forex
  • Treasuries
  • International Markets
  • And Much More
Join MPTrader Now!
Veteran Wall Street analyst and financial author, Mike provides detailed and timely analysis and trade set-ups on a range of markets. Read more...

Have Mike's “Out Front” morning analysis delivered FREE to your email inbox twice weekly!