3 Strikes And You Are OUT

Yesterday was not a good day for most stocks especially US Silica (SLCA). The stock experienced 3 bearish technical factors. SLCA broke a 16 months trend line, on 2X daily avg volume and thereby completing a 3 months rectangle top implying a target of $25. Stop loss @ 32.15

slca

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2 Comments on “3 Strikes And You Are OUT”

  1. senrex says:

    I don’t know if anyone ever thanks you, but permit me the privilege of doing just that. Your charts contain amazing clarity.

    Thank you


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