gap filled at $1.115, page-3

marco,

good pick up.
trouble with that gap, would have meant people would have to admit it would head down again!

It is a big call (at this point in time) to be calling SLR to break the recent 1.25 high.

This may go either way ATM, and to buy against a massive downtrend is playing with fire, having said that buying at $1.00 support for a quick trade (bounce) was a good strategy.

A close below 1.025 will probably see more downside whilst a break of the recent high 1.25 may see 1.60s. Gap at 1.715 to fill too.

This has been a sick puppy since Oct and unless you are looking for a bounce trade from a support line, you are playing with fire, or better still there are way more better opportunities in the market than SLR.

Cheers