While the price was hovering in the .60 cent area we suggested that SQI.V would likely see lower prices and a reasonable position would be to take a position into cash... Charting continues to suggest lower pricing to come and a target although a bit extreme... does show to be solid in the .40 cent area over time... and the likely time it will produce will be in the summer doldrums....
We are using this weekly to suggest where the support is likely to hold ..... SilverQuest Weekly
GLTA Lostoutwest
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