Maybe it was a head and shoulders top when it broke 50-55 but mostly complete now.
It’s more of a fundamental play for me here and a play on A$ gold. It won’t return to 2015 levels due to cash balance for one. The company is slowly turning around.
SLR has always been a rollercoaster of emotions. Massively depressing on the downside but euphoric on the upside. I expect the next rally will be similar.
SLR Price at posting:
32.5¢ Sentiment: Buy Disclosure: Held
