SLR silver lake resources limited

chart please, page-4

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    With regard to the triple top for SLR; RRL had a triple top at around $4.40. It then tried again another three times at 4.40 but turned lower each time although by decreasing amounts.
    That was a good sign the price was going to push through, and it did with a strong move to $5.90 over just 2 months once it did break.
    IMO a triple top is less bearish than a double top.
    The more times a resistance level is tested, the more likely it is that that resistance will be broken.
    I think the 4 year up trend will win out over the more recent triple top resistance and we will see a sp near $5 before too long. The resistance has built over a period of significant weakness for the sector which will pass IMO allowing the longer term up trend for SLR to continue.
    So far this pull back is much less severe than the prior one and I like the way this decline is tapering off and I certainly like the fundamentals for SLR with its strong balance sheet, margins and organic growth.
    I hope Mikey doesn't mind me using a part of his chart.

 
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