Daily chart shows SLX retesting its 50-day SMA, and of more relevance to me,
a somewhat complex inverted H&S.
Attempted a break early in the day today but volume did not seem to confirm
(even by now, it has not surpassed its 30-day average volume).
and it has fizzled out. I will look for an entry if it pushes again with some
volume behind it. The measured target for the pattern is circa 3.71 and I would
place a stop-loss below the 50 SMA. This would give a roughly 1:2 risk-reward
ration, depending on the timing of the entry.
A break of the low of the right-shoulder (2.73) would constitute a H&S Failure and
would imply further downside.
All in IMHO.
GLTA
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Last
$6.12 |
Change
0.000(0.00%) |
Mkt cap ! $1.449B |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1500 | $6.42 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.81 | 887 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1500 | 6.420 |
3 | 1421 | 6.360 |
3 | 3080 | 6.320 |
1 | 80 | 6.180 |
1 | 1000 | 6.150 |
Price($) | Vol. | No. |
---|---|---|
5.880 | 366 | 1 |
5.890 | 103 | 1 |
6.030 | 85 | 1 |
6.130 | 850 | 1 |
6.140 | 850 | 1 |
Last trade - 09.51am 31/05/2024 (20 minute delay) ? |
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Last
$6.13 |
  |
Change
0.000 ( 0.46 %) |
|||
Open | High | Low | Volume | ||
$6.15 | $6.15 | $6.13 | 19 | ||
Last updated 10.11am 31/05/2024 ? |
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