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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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) ? |
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Last
$1.29 |
Change
0.015 ( 1.98 %) |
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| Open | High | Low | Volume | ||
| $1.29 | $1.31 | $1.29 | 3908 | ||
| Last updated 15.18pm 20/05/2022 (live) ? | |||||
| SLX (ASX) Chart |