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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG
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To: Wade who wrote (19631)6/15/2010 10:24:07 AM
From: rubbersoul  Read Replies (1) of 48092
 
I was looking at SLW's chart this past weekend and saw that there have been only 3 or 4 other times SLW has had such big volume as it did just over a week ago during the last 1.5 years. When the stock was trading near its 13 ema and 50 dma as it was recently, the resolution was always to the upside. The only time the stock price resolved to the downside was when the stock was overbought and way above the 50 dma and 13 ema.
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