SLW – Silver Wheaton (Last:34.940)

Silver Wheaton (SLW) price chart with targetsUse the 36.760 target of the pattern shown as a minimum upside objective for the near term. You might note as well that a larger pattern, also show, is the first we’ve seen in a while with the potential to push the stock above 40. The actual target, a Hidden Pivot, lies at 40.700, and it would be no worse than an even-odds bet if and when the futures have closed for two consecutive days above its ‘p’ midpoint, at 36.485.