VRX Silica (ASX)Nice setup now on this one.
Bottomed at nice confluence zone with multiple fib and support levels. looking to .3 level as target +200%
Silica
#SLCA Blink and you'll miss it #stocksRSI shows oversold.
VI shows a reoccurring peak for oversold conditions, and they have been progressively shorter intervals..
MACD shows weakness, however we've seen this before.
Earning coming out today may make or break it, but they haven't been a great indicator of movement the past two earnings.
Fingers crossed for 18 soon?
Speculation, not trade advice. Comments below.
US SILICA ready for a big bounce?The chart speaks for itself. Just bounced on a support support near all time lows, while the business itself is still performing stellar.
Indicators looking good; small bounce from this point looks good, etc.
Some beautiful trades possible from this point.
Also! Definitely check out my two posts on the DAX index here below.
US Silica - 4HR / Daily - LongUS Silica is a Fracking as well as a Solar Panel investment. Silica is used in both.
It appears to be the beginning of a major uptrend. Buy dips / corrections.
