Update to Silverado Daily Chart constructed Feb. 3

http://img97.imageshack.us/img97/323/slglf.png

As you can see the share price has moved back up to finish the trading day above the 20 day moving average (green) line as support, the share price remains in a bullish trend.

Note that the 50 day moving average (blue) line has moved down closer to and is almost kissing the 20 day moving average (green) line. If the share price holds in this narrow trading range into next week, the 50 day will move below the 20 day which would make both of those two technical indicators bullish once they crisscross.

Also note that the 200 day moving average line has inched its way down to .0133. IMHO, any good news about the company landing financing to move forward with mining the four massive Gold-Antimony veins from Workman's Bench tunnel should send the share price soaring higher then all the moving averages which would in short time turn the daily chart with its technical indicaotors right side up into a bullish pattern.

Reminder, Weekly Charts are built upon the back of Daily Charts.

$$Ka-Ching Ka-Ching $$