SLR 0.00% $1.57 silver lake resources limited

SLR Chart, page-941

  1. 1,642 Posts.
    lightbulb Created with Sketch. 2389
    Here you go.
    I use the standard 3 point reversal.
    Therefore price needs to drop to $1.88 from here for that reversal. Can't see that happening yet.
    If it does reverse then a minimum target of $3.37 is slotted in.
    .
    BTW, 30% of gold stocks now have targets and another 15% still setting targets.
    I anticipate many of these targets to be hit before sentiment reverses.
    One issue - far too many yet to break out of down trends. Targets in place though resistance may prevent some from being hit.

    https://hotcopper.com.au/data/attachments/4252/4252162-5feb888285563554786970e8dc1924b4.jpg


 
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