Rounded Base For Silver Wheaton (SLW)
http://www.tigersharktrading.com/articles/20139/1/Rounded-Base-For-Silver-Wheaton-SLW/Page1.html
By Mike Paulenoff
Published on 01/31/2011
Despite today's weakness, Silver Wheaton Corp. (SLW) continues to act well off of last week's low.
Rounded Base For Silver Wheaton (SLW)
Despite today's weakness, Silver Wheaton Corp. (NYSE: SLW) continues to act well off of last week's low at 28.85.
All of the action in SLW looks like it is morphing into a rounded base-like pattern that has the potential to propel prices towards 34.00, if the price structure climbs and sustains above key near-term resistance at 31.60/70. 
Mike Paulenoff is a 26-year veteran of the financial markets and author of MPTrader.com.