Options expiry is the 26th April. This pull back is completely normal as part of the correction from the run up early feb to early march. Its about as text book a chart pattern as you will see.
This next move higher in silver is probably the most important, there are key levels and long term resistance lines that it will need to break but without making it confusing, a close above the march swing high of $26.90 will create a buy every deep moving forward environment. Buy dips in an uptrend profitable, buying them in down or sideways trend no so good.
NOTE: Close back below early April and a new Lower low then we are in trouble.
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- Ann: Convertible Note Transaction Terminated and Placement
Ann: Convertible Note Transaction Terminated and Placement, page-65
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