Market Overview

Silver Wheaton's Shares Changing Hands at Higher Prices on 1.4x Above-Average Volume (SLW)

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(via COMTEX News Network)--

Shares of Silver Wheaton (NYSE: SLW) are trading up 0.1% to $26.57 today on above average volume. Approximately 8.4 million shares have traded hands today vs. average 30-day volume of 5.9 million shares.

Spikes in volume can validate a breakout or signify a potential turning point. As such, SmarTrend will continue to monitor shares of SLW to see if this bullish momentum will continue.

SmarTrend is bullish on shares of Silver Wheaton and our subscribers were alerted to buy on August 06, 2010 at $19.94. The stock has risen 33.2% since the alert was issued.

Write to Chip Brian at cbrian@tradethetrend.com

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