Hi Ho Silver (Mines)!!
SVL's chart is looking extremely bullish.Breakout Target = (26c - 14c) + 26c = 38c
- Former resistance at 14c is now support.
- This support has been hit 3 times only for the sp to rebound forming a Triple Bottom.
- The triple bottom chart pattern is a rare, but extremely effective reversal pattern.
- There have been 3 attempts so far to break above the next major resistance level at 26c.
- I think in the current silver bull market the 4th attempt will be successful and SVL will slice through 26c relatively quickly to hit the
Note: Last annotation on the chart should read: successful breakout above 26c indicates 38c target.
SVL chart, page-2986
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Last
16.0¢ |
Change
-0.005(3.03%) |
Mkt cap ! $245.0M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 17.0¢ | 16.0¢ | $479.7K | 2.961M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 26 | 1065084 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 547125 | 7 |
View Market Depth
| Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
| SVL (ASX) Chart |