Silver Spot was identified at around 31.915 having recently rebounded of the resistance on the 4 hour data interval. Ultimately, the price action of the stock has formed a Channel Up pattern. This squeeze may increases the chances of a strong breakout. The projected movement will potentially take the price to around the 31.7859 level.
Important support line being approached by Silver Spot. This price has been tested numerous time in the last 18 days
