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O/S Studies Key Concern For Bears......>

SILVER TECHS
SILVER TECHS: O/S Studies Key Concern For Bears
*RES 4: $16.651 - 200-DMA 
*RES 3: $16.625 - High June 18 
*RES 2: $16.487 - High June 22 
*RES 1: $16.160 - High June 29
*PRICE: $16.030 @ 0430GMT
*SUP 1: $15.880 - 2018 Low June 28
*SUP 2: $15.817 - Bollinger band base
*SUP 3: $15.590 - Monthly Low Dec 13
*SUP 4: $14.860 - 2017 Low July 7
*COMMENTARY: The topside failure at $16.487 set the scene last week and resulted
in fresh 2018 & 7mth lows with immediate bearish focus currently on $15.590 Dec
lows. Bears look for a close below this level to initially target 2017 lows. O/S
studies remain the key concern for bears. Bulls now need a close above $16.160
to gain breathing room and above the 200-DMA to hint at a move back to
$17.316-394.

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