SLRX
SLRX - Sky's the limit (550% potential upside)SLRX has formed a perfect bottoming pattern on the weekly chart.
Technical reasons for the trade:
→ Double bottom (and another smaller double bottom recently!)
→ Highest weekly volume ever
→ Break above the POC
→ Price still trading within the reload zone (0.618 fib)
→ Weekly price gaps above make for some nice targets
→ Clearly defined risk window
Good luck!
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4 Penny Stocks I'm Bullish On: MARK, BBI, ADOM, and SLRXThese are currently 4 penny stocks that I'm bullish on for a potential reentry: $MARK been beaten up alot, and I think the resistance might pop soon for a gap fill. BBI has been mostly bearish and should retrace soon for the next positive wedge. ADOM is a long hold. SLRX is one of those stocks that may be due for even another breakout. As always, please pursue at your own risk. Everything I say is on an opinion based basis. Do your own due diligence.
Waiting for SLRX Next Few DaysFirst off, please don't take anything I say seriously or as financial advice. As always, this is on opinion based basis. That being said, here are a few important insights. SLRX is right due for a potential breakout or bullish run as I have said recently. I am waiting still to see what would happen, and a potential spike in growth as we can never be too sure. However, I am on par with my previous chart analysis.