This is almost a 50% retracement. Is SLW poised to resume it's upward momentum soon or to continue it's slide? Anyone wants to make predictions???
It's a replay of last year, and yes the climb has already started. It will be a bit bumpy as usual, but I expect it to get back to the mid 30's in afew months.
Sentiment: Strong Buy
OT to MARTY
See my posts on REMEMBER WHEN title.
Are you fluent with T.A. to any degree? Are you underwater on your SLW holdings? You may be able to trade your way out of the hole.