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Master_of_Fine_Charts
Aug 9, 2022 11:39 AM

SLI Low Risk Entry Long

Standard Lithium Ltd.Arca

Description

ADX of 46 with D+ angling up indicates a strong uptrend as yesterday's candle took out the .78 Fibonacci level as it approaches the POC (12month)

OBV confirms the uptrend and short and long term Force Index suggest the rally up should continue.

Looking for a break above 6.33 with volume to avoid a potential double top.

Target: $7.91
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