Silvercorp Metals Inc (SVM)

[THREE-DAY-TRADER]

RSI among other indicators showing very oversold. Under 2.00 is owning near book value of a dividend paying miner (that is still paying). In the interim could we see 1.50-1.80 for more weakness? Maybe, but 1.90's or under seem good spot to consider scale-in strategy (1.90's-1.70-1.50), as good prospect compared to upside later of at least 2.30+, maybe 3+ for short term swing traders.