White lines are resistance, purple are support - Play the targets how you please... a close above 1.92 and we’ll get our trek to 5!! Accumulate while you can. Volume has been beautiful the last couple months. Looks like a solid setup, but know your risk.
SLRX has formed a perfect bottoming pattern on the weekly chart. Technical reasons for the trade: → Double bottom (and another smaller double bottom recently!) → Highest weekly volume ever → Break above the POC → Price still trading within the reload zone (0.618 fib) → Weekly price gaps above make for some nice targets → Clearly defined risk window Good...
These are currently 4 penny stocks that I'm bullish on for a potential reentry: $MARK been beaten up alot, and I think the resistance might pop soon for a gap fill. BBI has been mostly bearish and should retrace soon for the next positive wedge. ADOM is a long hold. SLRX is one of those stocks that may be due for even another breakout. As always, please pursue at...
First off, please don't take anything I say seriously or as financial advice. As always, this is on opinion based basis. That being said, here are a few important insights. SLRX is right due for a potential breakout or bullish run as I have said recently. I am waiting still to see what would happen, and a potential spike in growth as we can never be too sure....