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Bulls Need Close Above 21-DMA *RES.....>

SILVER TECHS
SILVER TECHS: Bulls Need Close Above 21-DMA
*RES 4: $16.605 - 200-DMA 
*RES 3: $16.487 - High June 22 
*RES 2: $16.214 - High July 9 
*RES 1: $16.040 - 21-DMA
*PRICE: $15.790 @ 0400GMT
*SUP 1: $15.670 - 2018 Low July 13
*SUP 2: $15.639 - Bollinger band base
*SUP 3: $15.590 - Monthly Low Dec 13
*SUP 4: $14.860 - 2017 Low July 7
*COMMENTARY: Fresh 2018 lows lacked follow through last week following
Wednesday's bearish close. Bears continue to look for a close below $15.590 to
confirm focus on tests of 2017 lows although the Bollinger base may limit follow
through. Bulls now need a close above the 21-DMA to gain breathing room and
above $16.214 to confirm traction above the 21-DMA and shift initial focus back
to $16.487-711 where the 200-DMA is situated.

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