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Below $16.150 To Target $15.418-612....>

SILVER TECHS
SILVER TECHS: Below $16.150 To Target $15.418-612
*RES 4: $16.731 - Hourly resistance Mar 7
*RES 3: $16.588 - Daily Bear channel top off 2018 high
*RES 2: $16.495 - High Mar 16, 21-DMA
*RES 1: $16.350 - Low Mar 15 now resistance
*PRICE: $16.281 @ 0400GMT
*SUP 1: $16.150 - 2018 Low Mar 1
*SUP 2: $16.007 - Low Dec 18
*SUP 3: $15.612 - Monthly Low Dec 13
*SUP 4: $15.418 - Daily Bear channel base
*COMMENTARY: A lack of follow through above the 21-DMA ($16.495) last week
resulted in a sell-off Friday and immediate focus back on $16.150 2018 lows.
Bears look for a close below this level to shift focus to $15.418-612 where Dec
lows and the bear channel base are located. Initial resistance is noted at
$16.350 but bulls now need a close above the bear channel top to ease bearish
pressure and above $17.030 to target 2018 highs.

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