I look at the SLR PRU dance pattern, where they moved and closed identically for 1-2 weeks in a row this month,
This historic dance was broken last week with SLR now 5.5c lower on close and the Instos that created this dance look like have stopped buying & accumulating and hence the slide down. No pint in selling at thes ennual lows but I guess if you bought in at the triennial lows of 15c then youd be all good.
SLR Price at posting:
38.5¢ Sentiment: None Disclosure: Not Held