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home / news releases / USV - Silver Miners: Key Resistance Looms Overhead


USV - Silver Miners: Key Resistance Looms Overhead

It's been a massive turnaround year for the Silver Miners ETF (SIL), with the index coming into Q2 ranked in the bottom 10% of groups by year-to-date performance, but finished the year in the top 25% of groups. While it's certainly been a rollercoaster ride for investors, those that have taken advantage of buying low have been rewarded. The fact that the index was finally able to bust through key weekly resistance at $31.35 is a positive sign, and breadth remains strong, which supports higher prices into 2020. However, with strong resistance looming

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Stock Information

Company Name: UBS AG Jersey ZC SP ETRACS REDEEM 05/04/2038 USD 25 - 902641794
Stock Symbol: USV
Market: NYSE

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