SLV has been range bound between the two dotted orange lines. It has found support at the 27.50 level and is presently consolidating in a downward channel. It looks to me like a classic bull flag is being carved out with the target upwards toward 36.00. I have taken a long position at 27.50 (via options) with a target at 36.00 and will close out on a weekly close below 26.00.
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