SLR 0.00% $1.57 silver lake resources limited

Might be worth a look.Some basic stuff.Macd Dmi Rsi and williams...

  1. 3,145 Posts.
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    Might be worth a look.
    Some basic stuff.
    Macd Dmi Rsi and williams are bottoming out nicely.
    Close yesterday indicates a reversal (note vol)
    Todays (low) volume indicates a resistance to go down further. The date stamp on the target line is a time by degrees date that might be interesting to note.
    This low is the third higher low after the $1.00 low back in September but on the other two higher lows the indicators were not ready.
    One of the rules I use is never sell on the second bottom out from the major low but the indicators were not strong enough to buy either
    Now I believe they are.
    Risk reward ratio 2.87:1 calculated to the first resistance point above ie 1.34. The next would be 1.50
    Are the company and economy conditions suitable for gold to rise?
    Lets hope.
    https://hotcopper.com.au/data/attachments/5036/5036863-b06c466b4abe6f92a448708a8a459784.jpg
 
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