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Silver Wheaton (SLW) Upgrade Alert, Watch for 56.9% Technical Uptrend Continuation

Oct 21, 2009 (SmarTrend(R) Spotlight via COMTEX) --

Company: St. Laurent Paperboard, Inc. (SLW)

Silver Wheaton (NYSE:SLW) upgraded to Buy from Neutral at BofA/Merrill. The stock closed yesterday at $14.14 on volume of 7,496,200 shares, above average daily volume of 6,292,541.

Silver Wheaton is currently above its 50-day moving average of $11.74 and above its 200-day moving average of $8.89.

SmarTrend is bullish on shares of SLW and our subscribers received an Uptrend alert on July 20, 2009 at $9.01, which has returned 56.9% to date.

Write to Chip Brian at cbrian@tradethetrend.com

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News Provided by COMTEX

Company: St. Laurent Paperboard, Inc. (SLW)


Related terms: market, nyse, securities, silver

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