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jason_rpprt
Nov 1, 2023 12:08 AM

Potential Long on SLX Long

SILEX SYSTEMS LIMITEDASX

Description



SLX is currently in a descending wedge with bullish RSI divergence. Look for a breakout and retest of upper trendline for entry or enter a small position on bounce of lower trendline, stoploss at last swing low with target of $4 and will be moving SL to BE when safe to do so.

Comment

Has broken out will see if comes back to support @$3.35 for a entry

Trade active

entry @$3.35

Comment

Have moved SL to $4 as target reached for no risk play

Trade closed: target reached

RR 1:4.5
Comments
Micheldeclercq
just discovered this one......looks promising......
Bravetotrade
Congratulations and well done for sharing your first idea with the community.
Hope you will be having great experience.
Thanks for your contribution.
From mod @Bravetotrade
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