The upward trend for Silverado's share price is still in tack. My pridiction of an "upward movement in price within a week or so" is still in play. This Thur. will be one week but my feeling is it could resume its price movement upwards any time from now till next week ?? Just a guess... *SMILE*

REMEMBER: Until recently, the shorts always capped the share price at the 50 day moving avg. blue line ( as seen on the chart) for the past year.

One- The 20 day moving avg. line appears to be the new support level while holding the bullish pendant flag pattern.

Two- The Accumulation/Distribution black line, over laided on top of the price chart, after it tappered off, has resumed its positive movement upwards on the chart, reflecting positive accumulation of Silverado shares.

Three- The RSI technical indicator, at the top of the Daily Chart, has moved down closer to (neutral) 60, away from (over sold territory) 70.

Please Note: You can clearly see the DIVERGENCE that has been forming on the Silverado chart. The accumulation/Distribution (black) line indicator runs from the bottom left corner to the upper right hand corner of the chart, showing a steady momentum of accumulation of shares bought by savvy investors that started back over a year ago when the first Tom Bundtzen NI 43-101 reports were published around April-May 2008. There is a HUGE DICHOTOMY building between shares accumulated/bought VS share price decline. Notice were the two paths cross in the middle of the chart forming an "X" heading in opposite directions, this is a clear indication that the short sellers have been painting the charts by pushing the price down by shorting and naked shorting the stock. This is like compressing a giant coil spring, ready to launch Silverado's share price to the moon when the panic starts by the shorts to buy shares to cover their risky bets. All it takes is for one brokerage house to throw in the towel and the stampede will begin to release all that tension from the coiled spring.

SHORT SELLERS PAINTING A NEGATIVE SILVERADO CHART COULD COME AT A HUGE COST FOR SEVERAL OF THEM, IT MAY EVEN BANKRUPT A FEW OF THE SHORTS WHO CAN'T GET OUT OF THEIR FINANCIAL PREDICAMENT !