SLX 1.39% 35.5¢ silex systems limited

slx - retracement today?

  1. 2,205 Posts.
    SLX will probably retrace today after a 25c rise on Friday. Although, the early market depth indicates it could open higher again today I would expect some largish sellers coming in just before it opens.

    For longer term, I was wondering what the sudden drop in price last year from $3 to 60c means when a stock is recovering and/or being rerated. Does no real resistance/support points on the way down (since it was a very quick and precipitous drop) mean that there is less or little resistance on way back up?

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36.0¢ 36.0¢ 35.5¢ $16.66K 46.89K

Buyers (Bids)

No. Vol. Price($)
3 18020 35.0¢

Sellers (Offers)

Price($) Vol. No.
36.5¢ 10314 2
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Last trade - 10.18am 29/01/2020 (20 minute delay) ?
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