Talk about a chart that has gone crazy !! It is obvious that the shorts are losing control of painting the Silverado chart this past week with Silverado hitting an all time high today? trading volume of 40 million. Acording to Silver's posts of total shares shorted for the past few days total = aprox. 30 million to cover if the company finds the right financing !! and thats just over the past two days $$ Many investment institutions have software programs that roam the markets daily looking for hot stocks, they are alerted by high volume trades in a stock and they send out notices to subscribers to make them aware of the buying oppurtunities. After today's high volume I'll bet Silverado triggered every program around the country to alert them about tomorrow's trading.

You got to check out the Accumlation/Distibution Indicator for today's Silverado daily chart the "solid black line" that over lays on top of the price to the far right. You will notice that the black line sky rockets strait up the chart the past week. This reflects physical buying vs selling and does not include short selling in the formula. Obviously Silverado stock is a hot stock to buy right now $$

Today's trade has formed a HUGE buy white candle stick on the price chart for Friday's trading $$

Please also note that the MACD indicator at the bottom of the chart has turned exstremely bullish with the black line shooting above the red line from the past two days of trading, this indicates that the momentum for the stock remains positive to the upside $$

Please also note that the share price did finish the day above all the moving average lines. The short squeeze is on $$ Ka-Ching Ka-Ching $$

Please use the Link below to view the Silverado Daily Chart

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