Im not convinced,
1. There has been very little correlation between the silver price and SVL price over the past 6 months.
2. Every time SVL has hit the lower bollinger band in the last 12 months it has bounced, we are nearing that level.
3. The market has been under a lot of selling pressure over the past few weeks and SVL hasnt suffered too much, there has been a lot of large buy orders around the 28-31c level.
Im not convinced, 1. There has been very little correlation...
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