Entry only if the resistance line breaks! Take profit and Stop loss are marked on the chart. Good Luck!
SLM seems to be struggling at the 100ma mark. I think it should not be long before it pushes through and looks for new highs around the 21 level. I bought the Jan $21 call for .25
Sallie Mae specialises in providing private loans to students and seems to be doing very well out of it. The stock price is up 200% over the last 12 months and with a recent pullback could be a good time to have a look around for an entry if the business appeals to you.
$SLM gained a further +5.17%, via a second display of Open Drive price action behavior within the last 10 trading session. Since the start of 2021, $SLM have accumulated a total gain of +43.10%, with majority of the gains effected from the rebound back above its 20DMA on 28th January 2021 onwards. With $SLM already broken out of its uptrend channel convincingly...
SLM wanted to break out but bad market conditions held it back. Still closed above previous resistance which is a good sign if it holds as support. Watching for another breakout with a tight stop loss below the bottom trendline. SL less around 1%
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.
I can see this company is doing well and it is a good entry now with PT to 9-10 within 4 weeks
Great company to pay attention to... After positive earnings (April 22nd) SLM ran up an it looks like its on the down run back to support on technical . Great candidate for swing trade but wait for it to return to support first . Also, keep and eye on short float at that time as its currently high (11.66%) but if its lower as price returns to support that...
Looking at the monthly chart we might have a repeat of 2017. During the 2008 crash, it got hurt hard but a lot of stocks are trading at all-time highs. If any democrat comes into the office this will most likely fall. If Bernie Sanders gets the democratic nomination I would not want to be holding this. If Trump gets re-elected it will most like go towards a...