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Bulls Recover $15 *RES 4: $16.216 -...>

SILVER TECHS
SILVER TECHS: Bulls Recover $15 
*RES 4: $16.216 - High Feb 20 
*RES 3: $15.825 - High Feb 28 
*RES 2: $15.444/640 - 55-dma/High Mar 21 
*RES 1: $15.343 - High Apr 9 
*PRICE: $15.033 @ 06:11 GMT Apr 17 
*SUP 1: $14.855 - Low Apr 15 
*SUP 2: $14.783 - 61.8% retracement $13.897-16.216 
*SUP 3: $14.760 - Channel support 
*SUP 4: $14.719 - Low Dec 26 
Silver has managed to shrug off weakness in gold prices to recover the $15 level
and suggest a potential basing pattern. Bulls now look to recover the April 9
high at $15.343 to reignite momentum and target the 55-dma & Mar 21 high at
$15.444/640. To extend the broader downtrend bears need to break below Monday's
low at $14.855 which would bring the 61.8% retracement of $13.897-16.216 into
focus at $14.783. 

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