But I also see strong support at $26. So, it's very possible that SLV will continue to trade sideways between $26 and $30 a share. This would not be an unwelcome development. Such consolidation would pull the 50 day moving average up toward the range of consolidation and portend up would break out when that finally occurs.
I am not saying what will occur, but I will not consider dumping my shares until and unless there is a serious breach of $26.