3 month long channel on $SLM
20% drop is big... but still in line with price action.
Anything below $6.50 is cause for concern in the next 2 weeks.
RSI on the daily is almost oversold. Would expect the selling to slow in the next 3-5 trading days.
Patience is key.
20% drop is big... but still in line with price action.
Anything below $6.50 is cause for concern in the next 2 weeks.
RSI on the daily is almost oversold. Would expect the selling to slow in the next 3-5 trading days.
Patience is key.