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$14.50 Acts As Resistance *RES 4:......>

SILVER TECHS
SILVER TECHS: $14.50 Acts As Resistance
*RES 4: $15.554 - High Aug 3 
*RES 3: $15.001 - High Aug 28 
*RES 2: $14.915 - High Nov 2 
*RES 1: $14.500 - Pivot area 
*PRICE: $14.354 @ 06:40 GMT 
*SUP 1: $13.897 - Low Nov 14 
*SUP 2: $13.648 - Low Dec 15 2015 
*SUP 3: $13.000 - Support 
*SUP 4: $12.458 - Low Jul 17, 2009 
The $14.50 pivot area acted as resistance once again yesterday keeping the
near-term outlook neutral. A close above this level is needed to return the
focus to the Nov 2 high at $14.915, which would strengthen the case for double
bottom formation. Bears need to reclaim the Nov 14 low at $13.897, below which
would allow a challenge of the Dec 2015 lows at $13.640 ahead of a run at the
$13 level.

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