SLR ASX stock Analysis

SLR Asx stock Analysis

Time Frame : Daily Chart

Watch for BUY Entry Setup

SLR is showing some promising signs but the action is lacking the conviction from buyers. Price is hovering around the 2.10 level but has little volume today as many may be expecting a pullback into gold. With Aussie Gold still holding strong and the AUDUSD potentially set for a correction lower, we expect to see some buyers step up to support the action above 1.85 and hold a higher level for the entry setup long.

Stock : ASX stock SLR

Current Price : 2.08

Status : On watch for a move above 2.30