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Recovery Above $15 Fails To Stick .....>

SILVER TECHS
SILVER TECHS: Recovery Above $15 Fails To Stick 
*RES 4: $16.216 - High Feb 20 
*RES 3: $15.825 - High Feb 28 
*RES 2: $15.463/640 - 55-dma/High Mar 21 
*RES 1: $15.343 - High Apr 9 
*PRICE: $14.968 @ 05:37 GMT Apr 16 
*SUP 1: $14.855 - Low Apr 11 
*SUP 2: $14.794 - Channel support 
*SUP 3: $14.783 - 61.8% retracement $13.897-16.216 
*SUP 4: $14.719 - Low Dec 26 
Silver refuses to cling to gains above the $15 level keeping the focus on the
downside. A break below yesterday's low at $14.855 would bring channel support
at $14.794 into focus ahead of the 61.8% retracement of $13.897-16.216 at
$14.783. Bulls need to recover the April 9 high at $15.343 to regain the upper
hand and target the 55-dma & Mar 21 high at $15.463/640.

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