SLX is currently in a descending wedge with bullish RSI divergence. Look for a breakout and retest of upper trendline for entry or enter a small position on bounce of lower trendline, stoploss at last swing low with target of $4 and will be moving SL to BE when safe to do so.
Comment:
Has broken out will see if comes back to support @$3.35 for a entry
Trade active:
entry @$3.35
Comment:
Have moved SL to $4 as target reached for no risk play
Trade closed: target reached:
RR 1:4.5