Divergence is has been building on silver and here's the ZSL
chart. One projection would be to form an inverse H&S
pattern after a break of the trendline. Remember that
typically when you break a steep downtrend line, you always get a
pullback shortly after the initial move
Silver comments
Posted by matt on 15th of Dec 2010 at 09:26 pm
$SILVER
ZSL -2X Silver
Divergence is has been building on silver and here's the ZSL chart. One projection would be to form an inverse H&S pattern after a break of the trendline. Remember that typically when you break a steep downtrend line, you always get a pullback shortly after the initial move
thanks Matt. ZSL looks really good.
Posted by harshblue on 15th of Dec 2010 at 09:56 pm