Friday, January 28, 2011

mmmmmm..technical analysis on US Silver (USA.v)

Even though it's basically a bunch of guff, when you stick a 12 month chart of a silver junior with RSIs, MACDs and bollybands it sure looks sophisticated and lotsa fun, doesn't it?

So anyhow, above we have U.S. Silver's (USA.v) last 12 months, plenty of squiggly lines added. The question is for you true TA believers: Just by looking at the chart and not trying to factor in things like production results or silver selling prices...WOULD YOU BUY THAT CHART?

I know what I'd do...but that's by actually studying the company, not a chart. DYODD.