SILEX SYSTEMS LIMITED

Long

Potential Long on SLX

Updated

snapshot

SLX is currently in a descending wedge with bullish RSI divergence. Look for a breakout and retest of upper trendline for entry or enter a small position on bounce of lower trendline, stoploss at last swing low with target of $4 and will be moving SL to BE when safe to do so.

Note

Has broken out will see if comes back to support @$3.35 for a entry

Trade active

entry @$3.35

Note

Have moved SL to $4 as target reached for no risk play

Trade closed: target reached

RR 1:4.5

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