SLX 1.20% $1.27 silex systems limited

slx - retracement today?

  1. 2,710 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?

 
watchlist Created with Sketch. Add SLX (ASX) to my watchlist
(20min delay)
Last
$1.27
Change
0.015(1.20%)
Mkt cap ! $258.7M
Open High Low Value Volume
$1.26 $1.33 $1.26 $78.84K 60.56K

Buyers (Bids)

No. Vol. Price($)
1 4999 $1.27
 

Sellers (Offers)

Price($) Vol. No.
$1.30 575 1
View Market Depth
Last trade - 16.10pm 20/05/2022 (20 minute delay) ?
(live)
Last
$1.29
  Change
0.015 ( 1.98 %)
Open High Low Volume
$1.29 $1.31 $1.29 3908
Last updated 15.18pm 20/05/2022 (live) ?
SLX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.