SLC 0.37% $1.33 superloop limited

SLC chart

  1. YLJ
    819 Posts.
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    https://hotcopper.com.au/data/attachments/2661/2661761-5b49a301473a58ffac4e0aa26d40972e.jpg
    Relatively small Rectangle bottom breakout on strong volume to today.
    The measured target of the pattern is 1.06 but I have an eye on the weekly chart at
    what looks like the beginning of the formation of a right shoulder for a potential
    H&S reversal. Should it materialize, it would carry a target of circa 1.985
    GLTA
    Last edited by YLJ: 18/11/20
 
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SLC (ASX) Chart
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