SLR 0.00% $1.57 silver lake resources limited

Some positives from my trading platform would almost induce...

  1. 5,618 Posts.
    Some positives from my trading platform would almost induce investors to buy, pity the market doesn't agree.

    Bullish Signals:

    • The price increased 1.2% in the last week.
    The stock is oversold according to the Williams % R
    indicator of -81.8.


    The current short volume is 0.1 times its own historical
    average of 0.3%. It plummeted 63.5% from the previous
    day, plummeted 83.2% from a week ago and
    plummeted 66.6% from a month ago, a significant bullish
    indicator.


    "A stock price down to at least two-thirds of tangible
    book value per share"; the price is 0.4 times tangible
    book value per share of $A1.2.

    Hmm!

    Definitely oversold plus tangible book value $1.20/share.

    The only way is up then?

    Maybe, provided the PoG doesn't tank and can eventually head north.





 
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