Before we begin, we need to understand the macro trend of the market. Taking a close look at where NASDAQ and S&P 500 is heading to, we need to exercise a bit of caution as both indexes have broken down their 50 days moving averages.
SLXP has been on a uptrend since May 2014 and is well supported at price level $130 after the gap up on 1 Jul 2014. It is also well...
