Madrid

Showing a Positive Momentum Divergence

NYSE:SLCA   U.S. Silica Holdings, Inc.
1
This stock has been severely hammered and the drop from the 70's level to the 20's has ridden the stock to almost a 100% Fib. Retracement. However it is starting to show some positive signs. There is a momentum divergence between the low on Oct 15th and the low today. It is still too early to declare a Bottom, but the volatility and the ATR metrics on this one makes it worth keeping it in the radar.

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