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?
slx - retracement today?
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 (20min delay)
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Last
35.5¢ |
Change
-0.005(1.39%) |
Mkt cap ! $62.19M | |||
| Open | High | Low | Value | Volume |
| 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 |
View Market Depth
| Last trade - 10.18am 29/01/2020 (20 minute delay) ? |
 (live)
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Last
35.5¢ |
Change
-0.005 ( 1.39 %) |
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| Open | High | Low | Volume | ||
| 35.5¢ | 35.5¢ | 35.5¢ | 3924 | ||
| Last updated 10.18am 29/01/2020 (live) ? | |||||
| SLX (ASX) Chart |