Appreciate your point about thread and charts.
Reason I post on this thread as its about Share Price. And all I talk about is share price. Not much fundamentals in what I post.
To your point that SLX price movement cannot be explained by charts, again its subjective, so I will not get into arguments.
But if you have a good explanation, why U stocks made a high in January, then a low later on, then another high in May, a bottom in August and why it may be rising now, I would be interested to know the theory. Reason being, stocks gained big, doubled, tripled, gained billions during that period. Then it fell, not like a correction 10/20%, but 60 and 70% drop across most stocks was common, as if everything is dead now. I don't think fundamentals changed drastically, both up and down during the period. Last weekend I had written why I feel we see those highs and lows in U sector. I could be wrong but based on my observations, I felt that way and wrote. SLX is also heavily tied to U sector, U stocks, and it also makes highs and lows like other U stocks. Once again, this is what I feel. I know it may not be scientific. At best, like every one else, individual opinion, we really don't know right or wrong. But happy to hear your views, I am also learning every day. All the best.
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Last
$5.06 |
Change
-0.110(2.13%) |
Mkt cap ! $1.200B |
Open | High | Low | Value | Volume |
$5.18 | $5.25 | $5.00 | $2.306M | 453.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1980 | $5.05 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.06 | 199 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1980 | 5.050 |
1 | 2008 | 5.030 |
6 | 12171 | 5.000 |
1 | 1077 | 4.930 |
1 | 609 | 4.900 |
Price($) | Vol. | No. |
---|---|---|
5.100 | 5000 | 1 |
5.160 | 2000 | 1 |
5.190 | 2242 | 1 |
5.200 | 7971 | 4 |
5.250 | 237 | 1 |
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