Sun, Sep 4, 2011 - 7:14pm
First up. Endeavor Silver (EXK).
9 month daily chart here:
Bottom line, a break of $12.75 and a weekly close thereof sets up a 4-6 month run ~$17.50. If there's a short squeeze it'll take place within the red uptrend channel that's in effect right now. A close above the upper Blue line creates the opportunity for that to act as support rather than resistance at which point I'll draw in the other potential trend channel lines. But for now, in the next few trading days, the $12.75 area dominates.
Edited by: Tom L on Nov 8, 2014 - 5:21am