The Conversation (0)
Check Out The Silver Chart: Lots of Potential, Lots of Hurdles
Dec. 05, 2011 08:31AM PST
Silver InvestingSeeking Alpha reported on when silver stocks are expected to being performing along with the metal.
Seeking Alpha reported on when silver stocks are expected to being performing along with the metal.
As quoted in the market news:
First and foremost, silver prices need to rise. Then SIL needs to break some resistance just over $24. Wait, the fun doesn’t end there. The move to $24 won’t legitimize a rally for SIL because the ETF needs to traverse its 200-day line around $25.