It was highly undervalued at 30c last year also and at 13c last year also.
Its been highly undervalued since it collapsed from $3.00 to 13c 2011-2016
Its about the TA as the traders & Instos now control the stock.
They shorted this to nothing for years then since 13c-16c its rebounded 3 times
They look like they are range trading it now for easy money.
A clear double top made even clearer today,
next resistance is 33c then 30c then 28c like the last 3 times.
If it can hold at 30c-33c at the prior triple top range it might be a new floor but I wouldnt hold my breath,
I saw it collapse in a heap at 30c last year twice just when we all thought it was breaking out and returning to its prior dancing partner PRUs MC, not to be.
When I see SLR collapse its no surprise to me.
SLR Price at posting:
32.0¢ Sentiment: Sell Disclosure: Not Held