Matt_Feda
Long

SLCA (Bullish) - Breakout above consolidation wedge, Elliot Wave

NYSE:SLCA   U S SILICA HLDGS INC
242 0 0
- First sequence of another leg up after completion of the Elliot Wave Theory consolidation
- Broke out above rising wedge, which was also a breakout above the 50% Fibonacci Retracement
- Found significant support at the 50% Fib Retracement when drawn from the charts low in Aug to the High in March
- First Price Target @ $25.81
- Second Price Target @ $28.50
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