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SILVER TECHS: Bulls Fight Back
*RES 4: $15.997 - High Feb 27
*RES 3: $15.825 - High Feb 28
*RES 2: $15.639/628 - High Mar 1/50-dma
*RES 1: $15.370 - High Mar 8
*PRICE: $15.328 @ 06:00 GMT Mar 11
*SUP 1: $14.969 - Low Mar 8
*SUP 2: $14.915 - High Nov 2
*SUP 3: $14.719 - Low Dec 26
*SUP 4: $14.494 - Low Dec 14
Silver broke cleanly back above its 200-dma on Friday on the back of the weak
payrolls figure which now shifts the near term focus to the upside and the Mar
1/50-dma at $15.639/628. Above here would extend the recovery back towards the
Feb 28 high at $15.825, above which would give bulls the upper hand. On the
downside bears look for a break below Friday's low at $14.969 to reignite
downside momentum and challenge the Nov 2 high.