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Monday, January 11, 2016
Silver Wheaton Corp. (NYSE:SLW)
Looks like Silver Wheaton Corp. (NYSE:SLW) is about
to breakout from this descending triangle pattern. On the technical
charts, the stock currently is trading just above its 13 & 20EMAs
with both lines providing an additional layer of support for stock.
Additionally, the MACD made a bullish crossover last week. With good
trading volume, the stock could be poised to trade higher to test its
next level of resistence at 14.09. On watch.