Chart often tells us what it is going on. Because big money controlling the price of any shares or assets, they will always get inside information better than other investors.
eg, Remember when price of uranium dropped a few months ago, there is a very negative indicator in the chart such as PEN, then once the news of uranium leakage in japan came out, price dropped sharply. Before that, we only knew Japan had a massive earthquake, and that's it. but big investors knew more, and it will reflect on the chart.
That's why very bullish chart indicates good news coming soon such as takeover, good drilling results, you often see that happens.
TA is good. Always.
DYOR
SLR Price at posting:
$3.09 Sentiment: Buy Disclosure: Held
