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Immediate Focus On 2018 Low *RES 4:....>

SILVER TECHS
SILVER TECHS: Immediate Focus On 2018 Low
*RES 4: $17.396 - High Jan 31
*RES 3: $17.030 - Low Jan 31 now resistance
*RES 2: $16.771 - High Feb 21
*RES 1: $16.567 - Hourly support Feb 21 now resistance
*PRICE: $16.445 @ 0430GMT
*SUP 1: $16.349 - Low Feb 12
*SUP 2: $16.184 - 2018 Low Feb 9
*SUP 3: $16.007 - Low Dec 18
*SUP 4: $15.612 - Monthly Low Dec 13
*COMMENTARY: The recovery from 2018 lows failed ahead of the $17.030 resistance
and remains offered as a result. O/S daily studies are back at neutral levels
and well placed for losses with bears currently focused on 2018 lows. A close
below is then needed to initially target Dec monthly lows. Bulls continue to
look for a close above $17.030 to shift focus back to $17.396-703 where 2018
highs are noted.

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