nitrotrader

Potential on SLV for some great trades!

Long
AMEX:SLV   iShares Silver Trust
Just follow my arrows on this one! Sticking to that trend line channel to a tee. I think a couple things could happen. 1, it could pop out of the channel and therefore, buy on the retest after the breakout, OR 2, it could trade back down to support where you can buy the bounce at a GREAT price. You could obv also short it back down there but I am just waiting for this one to go long on. Just have to be PAYtient on this one!
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