Very close correlation between SVL and the Silver chart
Post driving out of the sideways base POS has completed a 3 wave Gartley corrective structure down to the Fib 61.8% return which has recently formed a minor double bottom rejecting price back to the POC at 50% return.
I have an expectation Silver will continue upward this week and due to the very close correlation between it and the SVL chart i'm expecting SVL to tag along.
Silver also has a slightly oversold Stoch oscillator encouraging my expectations.
SVL chart, page-2365
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Last
9.4¢ |
Change
0.001(1.08%) |
Mkt cap ! $141.7M | |||
| Open | High | Low | Value | Volume |
| 9.3¢ | 9.6¢ | 9.2¢ | $810.2K | 8.649M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 877734 | 9.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.4¢ | 171896 | 1 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| SVL (ASX) Chart |