Long term shows SLR working through phase D of accumulation and establishing the demand and supply trend lines (in this case I've drawn the reverse supply trend lines - ie where significant supply will enter during the uptrend and so where you could also expect to see demand enter as well. 2020 looks like it should be good. Once the prior high around $1.50 is passed again the next lot of supply should enter around $1.80. Will use next pull back as opportunity to enter, I don't SLR atm because I'm already so heavy on other large cap gold miners but its a really good looking junior miner.
SLR Price at posting:
$1.34 Sentiment: Buy Disclosure: Not Held