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jaepayne

SVL Trendline Support + Volume Increasing On Upwaves

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SILVER MINES LIMITED (ASX:SVL)  
jaepayne Diupdate   
ASX:SVL   SILVER MINES LIMITED
Trend Analysis Chart Patterns Wave Analysis SVL silverminers Bullish Trend Line
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trendanalysis chartpattern waveanalysis svl silverminers bullishtrendline
ASX listed SVL simple trendline support on daily + seems like volume is decreasing on the down waves and increasing on the upwaves. Divergence can also be seen if you overlay the Monster Cumulative Delta indicator however It gets a bit messy so i left it out.

just noticed williams vix fix is in the green as well indicating a bottom.
Komentar:
Taking into consideration silver has performed so well, it's not surprising this stock has also increased in value. Fundamental analysis also would have confirmed this trade in terms of the current economic climate etc.
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