DP559

$SLV BIG CUP AND HANDLE

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AMEX:SLV   iShares Silver Trust
Whats up guys,

-$SLV looking like its forming a big cup and handle on the monthly chart.

-Price action is trending above the 9, 21, and 200 day moving averages.

-OBV also shooting up.

-If we break above $27.42 we can possibly visit potential upside targets and new all time highs.

-If we break below this technical is invalidated.

Thank you for stopping by!
Good Luck and happy trading!
-DP
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