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
$1.60 |
Change
0.060(3.90%) |
Mkt cap ! $276.4M | |||
| Open | High | Low | Value | Volume |
| $1.56 | $1.70 | $1.55 | $1.886M | 1.160M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3428 | $1.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.62 | 1113 | 1 |
View Market Depth
| Last trade - 16.10pm 15/01/2021 (20 minute delay) ? |
 (live)
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Last
$1.62 |
Change
0.060 ( 6.25 %) |
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| Open | High | Low | Volume | ||
| $1.57 | $1.70 | $1.55 | 42936 | ||
| Last updated 15.57pm 15/01/2021 (live) ? | |||||
| SLX (ASX) Chart |