SLTD Trend update - Double Bottom & Value Channels established
Double bottom in the chart shows new uptrend formed. Green lines showing new uptrends. Blue lines showing older downtrends which will act as resistances in the new channels. Currently closing in on the bottom of the Lower Value trend, a great Long opportunity. In the coming weeks we should see pops into the Value Channel, potentially even a Bull Channel sighting. On the couple month timeframe, expect a drop back to the lower value channel in the mid-low 3$ range before breaking out with force through the pennant top back to a new peak channel high towards March's ER release.
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