Went long here too. Filled at 22.79. We hit a retrace of 78.6% at 22.74 price. Thinking that this is a Wave 2 (acting like one) down from the 22.53-23.50 move that I'm calling Wave 1. Though we might see a double bottom here at 22.53. The volume seems pretty light on this retrace from this morning too. Hope we hold and see a gorgeous Wave 3 up started into the close or tomorrow. Good luck all.
Well, that should be the short term bottom. Chart shows that the 5th and final wave down was 22.53 (and we hit 22.55). There is an extreme outside chance that we hit 22.27, but I think the low is in short term. Should head up nicely now.
Great day! Fully loaded at 23. I love how people buy the SLW when the stream is at a premium and then can't sell enough when it is at a discount. Makes no sense, but then again there wouldn't be opportunity without one half being clueless about what they are buying and selling