Are Silver Miners about to experience a bullish breakout? Sure could be!
This chart looks at Silver Miners (SIL) from Marketsmith.com.
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Line (1) has become support and resistance several times over the past 5-years.
SIL is now testing line (1) as support, which could be the bottom of a bull flag pattern!
If SIL breaks out and can close above the $51 level, look for it to experience a strong upside rally!