SLX 3.90% $1.60 silex systems limited

slx - retracement today?

  1. 2,430 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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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
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Last trade - 16.10pm 15/01/2021 (20 minute delay) ?
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Last
$1.62
  Change
0.060 ( 6.25 %)
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$1.57 $1.70 $1.55 42936
Last updated 15.57pm 15/01/2021 (live) ?
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