SLR 4.20% $1.24 silver lake resources limited

This aint about the FA but about the TA It was highly...

  1. 9,532 Posts.
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    This aint about the FA but about the TA

    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.
 
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Last trade - 16.10pm 29/03/2024 (20 minute delay) ?
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Last updated 15.59pm 29/03/2024 ?
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