Re-test of R60 could be on the cards
Updated
A re-test of R60 is on the cards. Low volume and potentially a reversal candle could signal a long opportunity on SLM. One to watch this coming week.
Comment
Retest of R60 looked really good but 2 red days before the weekend has put some bad sentiment on this stock. A close below R60 means we could be back into this big sideways range.Trade closed: stop reached
Horrible reversal on this trade after doing a nice retest of R60 and breaking swing highs but 5 consecutive down days have triggered the short below close of R60.Disclaimer
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