$SLM Double top - still in channel

NASDAQ:SLM   SLM Corporation
3 month long channel on $SLM

20% drop is big... but still in line with price action.

Anything below $6.50 is cause for concern in the next 2 weeks.

RSI on the daily is almost oversold. Would expect the selling to slow in the next 3-5 trading days.

Patience is key.


The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.