ATMcharts

Breakaway Gap

Short
BATS:SLW   None
139 views
0
This gap down could set off a push much lower in this name. You can see this thing hasn't participated in the equity market rally at all. The recent price range seems to be an early stage rectangle and if it breaks down below 33.60 you can target ~31.

Comments

This one isn't waiting to reach it's target. There is some real strength in this down move. Maybe we can fall to 28.50. Raise your hand if you were kind of duped by that 2/19 hammer?? I know I was!
Reply