SLS could do another potential spike for NASDAQ:SLS by OBalazs

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SLS has been moving between 12 and 11 today. It might be collecting some power for an another spike later today or on Monday. Check the volume and wait for the news later today. My target is near 20$. We will see. Good luck. This is my first post.

Comment: It might go under 8$. 7.13$ can be a support?!

Comment: Aftermarket had small volume

Comment: SLS entered into a share purchase agreement with institutional investors! 7$ per share.

Comment: RSI is below 30.It's oversold. Might be a sign. The price could go up.

Comment: The registered direct offering is expected to close on or about December 16, 2020

Comment: 7$ in premarket

Comment: Taking off from 6$ now?!

Comment: Once the registered direct offering is closed, I think it will go above 10$

Comment: 7.20$ in premarket

Comment: Started!

Comments

It dropped right back to the 200MA. The fundamentals are sound, would like to recoup some losses.

Nice and understandable charts, let’s bag the pips, don’t you think?

SLS entered into a share purchase agreement with institutional investors! 7$ per share.

Maybe goes to 6 and then back up?

JohnBullish

@JohnBullish It went down despite the good news. I guess that means panic selling. At this point I think it wont go under 7. In the longterm its no question that its bullish imo.

JohnBullish

@JohnBullish, It looks like you were right Sir

What do you think now?

JohnBullish

@JohnBullish The 11$ level was holding hard. If it goes above it, could hit 15$ easily