Here's a hedge against the market, today SIVR broke symmetrical wedge going back 2 years. If it closes above the wedge that is a confirmation of the break. Especially true if it breaks 16.91 (higher high) and holds that near tomorrows close. If that happens, best time to buy is sometime tomorrow afternoon. If we can't stay above wedge and make higher high, it can be watched.
Since the wedge occured after a bearish weekly trend, the wedge is more likely to break downward. I was (pleasantly) surprised this morning when we wicked above the wedge . I would not take a position until it confirms.
You have a minor misspelling in the following sentence:
It should be occurred instead of occured.