Pretty clear on the weekly that someone is buying stacks of SLR.
The volume going through in March was over 255 million which is a figure previous months haven't even got close too.
To put this volume into perspective approx. 322 mil volume went through a seven month period between the October 2012 high through to the start of May 2013 and the price dropped 75%.
IMO if this was selling SLR would be significantly lower.
I think the sp could push fresh lows in the short term but eventually believe we are going to see a fierce move past recent highs.
GL holders.
SLR Price at posting:
43.0¢ Sentiment: LT Buy Disclosure: Held