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Long SVM At $15.05

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April 04, 2011 – Comments (0) | RELATED TICKERS: SVM

Market is trying to shake some traders out of their positions in the early going. Not a lot of direction, but I don't find that to be reason not to put on descent long setups in trades that have good risk reward setups. I've added Silvercorp Metals Inc. (SVM) at $15.05 to the portfolio. I'm also watching a few energy plays this morning to with REN, DO, and SU - so there is a good chance you'll see me add one of these plays here shortly as well.

Here's the chart analysis on SVM.       

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