SLW – Silver Wheaton (Last:36.74)

So much for our stink bid.  For now, we’ll put aside plans to buy the stock, since we should prefer to do so on weakness. For what it’s worth, there’s a Hiden Pivot at 37.02 that seems likely to show some stopping power. It lies just a nickel above yesterday’s high. ______ UPDATE (11:05):   My apologies for not supplying a minimum rally target above 37.02, since the 38.62 achieved thus far was almost precisely predictable via the coordinates (on the 60-minute chart): A=30.560, B=35.550, C=33.600, for C=38.59. _______ FURTHER UPDATE:  Wow!  Because SLW has blown past the target by 15 cents, let me put a more important one in play:  45.01.  Its provenance and pedigree are shown in the chart, along with a ‘p’ midpoint at 36.93 that until this morning had precisely contained the uptrend for three days.