Time to wake up to reality folks. I've been keeping my eye on CCU as I really like it and intend to become a shareholder at a later date.
The technicals of CCU confirm my view that silver is about to pop before dropping below its $26 support. Why? Firstly, there is a currently a double bottom i CCU at 49c which while they provide a bounce, it is temporary and the price will turn back down and bust through 49c support as double bottoms rarely end trends. Secondly, my Top Secret Indicator tells me price is will be coming back to at least 60c and if it gets back there it can probably continue on southwards. Still confident price will eventually find support at the old Nov 09 high of 41.5c and probably dip just a little under. So let's say 35c. That's where I'll be taking a position. Still a bit of a wait I suspect.
Good luck all.
El Capo
where to now., page-14
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