Our current technical analysis for Western Silver Corporation (WTZ:AMEX), is based solely on our charts. We do NOT check company fundamentals, news, earnings or rumors.
December 19, 2004 (Press Release) --
- The current long term trend is currently down.
- This current down trend would come to an end, only with a weekly close above $10.60.
- Current Long Term Price Support is at $7.81, then $6.25.
- Current Long Term Price Resistance is at $9.38, then $10.94.
- Our daily Panic Zone chart is currently projecting that this current down move may end in the $7.50 - $8.00 area.
- This stock has developed a Long Term price base in the $5.90 - $6.90 area.
This analysis is based on closing data for the week of December 17, 2004. It will change as time passes, and new price data becomes available.
Company Profile
Western Silver Corporation is a publicly-traded mineral exploration company focused on discovering and developing silver properties in the Americas. The Company's primary project, the 100%-owned Peñasquito property in central Mexico, is emerging as a large silver-gold-lead-zinc district with significant exploration upside. Peñasquito has been independently confirmed as one of the world's largest undeveloped silver deposits and is one of the few bulk silver deposits that is economic at recent low metal prices. Western Silver also has an interest in the San Nicolas zinc-copper project with Teck Cominco and owns the Carmacks Copper project in the Yukon. The Company, which is internationally recognized for its technical ability, is listed on the American (AMEX:WTZ ) and Toronto ( TSX:WTC ) stock exchanges. For more information, please visit http://www.westernsilvercorp.com
TheUpTrend.com provides on-line Investors with daily & weekly trend analysis, price targets, support & resistance price points, and Who Is In Control analysis, on over 1,000 Canadian and US stocks, Canadian Income Trusts, Gold stocks, iShares and iUnits, as well as all of the major market indexes. For Long Term investors, we also provide weekly analysis on over 1200 Canadian Mutual Funds from 30 different fund families.
Our current technical analysis is available to the public for the next 7 days @ http://www.theuptrend.com/chart_samples.asp
TheUpTrend.com is an information service for investors/traders and is neither a recommendation nor offer to buy or sell securities. TheUpTrend.com is not a broker or investment adviser and is not acting in any way to influence the purchase of any security. TheUpTrend.com and its personnel may already have positions in equities presented. TheUpTrend.com, its officers, directors and employees shall not be liable for any damages, losses or costs of any type arising out of or in any way connected with your use of its products or services. Securities presented should be considered speculative with a high degree of volatility and risk. Before trading securities, you should consult with a qualified broker, investment adviser and other professionals. We make all trade decisions based solely on technical analysis and do NOT check company fundamentals, news, earnings or rumors.. Past performance is not indicative of future performance.
http://www.theuptrend.com/site_map6/canadian-stock-research.html
- This current down trend would come to an end, only with a weekly close above $10.60.
- Current Long Term Price Support is at $7.81, then $6.25.
- Current Long Term Price Resistance is at $9.38, then $10.94.
- Our daily Panic Zone chart is currently projecting that this current down move may end in the $7.50 - $8.00 area.
- This stock has developed a Long Term price base in the $5.90 - $6.90 area.
This analysis is based on closing data for the week of December 17, 2004. It will change as time passes, and new price data becomes available.
Company Profile
Western Silver Corporation is a publicly-traded mineral exploration company focused on discovering and developing silver properties in the Americas. The Company's primary project, the 100%-owned Peñasquito property in central Mexico, is emerging as a large silver-gold-lead-zinc district with significant exploration upside. Peñasquito has been independently confirmed as one of the world's largest undeveloped silver deposits and is one of the few bulk silver deposits that is economic at recent low metal prices. Western Silver also has an interest in the San Nicolas zinc-copper project with Teck Cominco and owns the Carmacks Copper project in the Yukon. The Company, which is internationally recognized for its technical ability, is listed on the American (AMEX:WTZ ) and Toronto ( TSX:WTC ) stock exchanges. For more information, please visit http://www.westernsilvercorp.com
TheUpTrend.com provides on-line Investors with daily & weekly trend analysis, price targets, support & resistance price points, and Who Is In Control analysis, on over 1,000 Canadian and US stocks, Canadian Income Trusts, Gold stocks, iShares and iUnits, as well as all of the major market indexes. For Long Term investors, we also provide weekly analysis on over 1200 Canadian Mutual Funds from 30 different fund families.
Our current technical analysis is available to the public for the next 7 days @ http://www.theuptrend.com/chart_samples.asp
TheUpTrend.com is an information service for investors/traders and is neither a recommendation nor offer to buy or sell securities. TheUpTrend.com is not a broker or investment adviser and is not acting in any way to influence the purchase of any security. TheUpTrend.com and its personnel may already have positions in equities presented. TheUpTrend.com, its officers, directors and employees shall not be liable for any damages, losses or costs of any type arising out of or in any way connected with your use of its products or services. Securities presented should be considered speculative with a high degree of volatility and risk. Before trading securities, you should consult with a qualified broker, investment adviser and other professionals. We make all trade decisions based solely on technical analysis and do NOT check company fundamentals, news, earnings or rumors.. Past performance is not indicative of future performance.
http://www.theuptrend.com/site_map6/canadian-stock-research.html
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