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Focus Shifts To $17.327-696 *RES 4:....>

SILVER TECHS
SILVER TECHS: Focus Shifts To $17.327-696
*RES 4: $17.961 - High Sept 13
*RES 3: $17.696 - 2018 High Jan 25 
*RES 2: $17.394 - Monthly High Feb 1 
*RES 1: $17.327 - 100-WMA
*PRICE: $17.234 @ 0410GMT
*SUP 1: $17.030 - Alternating daily support/resistance
*SUP 2: $16.867 - High Apr 11 now support
*SUP 3: $16.690 - Low Apr 18
*SUP 4: $16.530 - Low Apr 16
*COMMENTARY: The recovery from tests of the 21-DMA ($16.547) resulted in an
aggressive break of key resistance layers with immediate focus shifting to
$17.327-696 where the 100-WMA and 2018 high are located. With the Bollinger top
at $17.042 the move risks getting a little ahead of itself. In saying that,
bears now need a close below $17.030 to gain breathing room and below $16.867 to
shift initial focus back to $16.530.

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