Silverado Daily Chart

The share price closed Friday above the 20MA, the price has been treading sideways in this narrow trading range forming another (smaller) pennant flag this past week and everyday's closing in this area reaffirms that the 20MA is the price support level.

Please note that the last major "Golden Cross" event to occur on the daily chart is only .002 away from reality and when the 50MA finally crosses above the 200MA the daily chart will be flipped right sideup $$ Ka-Ching Ka-Ching $$

Daily Chart Link- http://www.freeimagehosting.net/uploads/f30cddfa2c.jpg

Silverado Weekly Chart

Silverado will have to go through the whole same process again of turning the "weekly chart" right sideup; please note that the first step in this process is close to happening with the 20MA moving closer to the 50MA, this will represent the first small "Golden Cross" The stock price for the weekly chart closed just above the 50MA $$ Ka-Ching Ka-Ching $$

Remember that the weekly chart is built on the back of the daily chart.

Weekly Chart Link- http://www.freeimagehosting.net/uploads/7fe19d93d5.jpg

BBS