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100-WMA Resistance Key This Week.......>

SILVER TECHS
SILVER TECHS: 100-WMA Resistance Key This Week
*RES 4: $17.353 - Monthly High Apr 19 
*RES 3: $17.198 - 100-WMA 
*RES 2: $17.119 - Hourly resistance Apr 23
*RES 1: $17.020 - Low Apr 20 now resistance
*PRICE: $16.870 @ 0400GMT
*SUP 1: $16.720 - Hourly support June 11
*SUP 2: $16.545 - High June 4 now support
*SUP 3: $16.374 - Rising daily TL Off 2018 low
*SUP 4: $16.201 - Bollinger band base
*COMMENTARY: Bulls are looking to make topside headway to start the week and
confirm a break of the 200-DMA ($16.745). Bulls now need a close above the
100-WMA to add support to the case for a move back to 2018 highs. The Bollinger
top ($16.787) is the key concern for bulls and is likely to limit follow
through. Bears now need a close below $16.720 to ease bullish pressure and shift
immediate focus to the $16.545.

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