Keeping it simple, eyeballing while eating cereal. Happy Trading :)
Best advice i can give you as traders is buy the damn dip, SLR is a good project and is bound for a decent bounce. The bears are squeezing as many sellers as possible to position themselves way below market value. This is the time to BUY and not SELL. Little to no TA is needed to understand this. Accumulation is when big players or whales accumulate as many shares...
Broke out of falling wedge, currently forming an ascending triangle making textbook consolidation. Buy in around .005 stop loss around .004 Happy Trading :)
Analysis - 1.) Cup and Handle forming 2.) Pennant/ Flag forming from previous breakout 3.) Very likely to reach previous fib zones at previous high, and with all this new money coming in has strong energy to break previous previous resistance 60% + gains Follow, like and comment for more ! Happy Trading :)
breaking out of the falling wedge, creating new market cycle. waiting to buy after price breaks out of the triangle as confirmation for the new uptrend> Happy Trading :) Like, comment follow