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Current Active Alert Management SLR
Time Frame : Daily/Weekly
Sector :Materials/Basic Materials
Broker Consensus : BUY
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SLR – Sliver Lake Resources Limited
SLR has been re-rated on the ASX today which has seen a lift in the price back above 0.71. We see the potential for another run into highs up through 0.75 so are now happy to lock in further gains and lift the remaining risk level to 0.645.
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Stock Code : SLR – Silver Lake Resources Limited
Company Website : www.silverlakeresources.com.au
Current Price : 0.71
Previous Buy Entry (Trigger Level) : 0.585
New Sell Exit Zone (Stop Loss) : 0.645
Previous 50% Partial Exit Zone (Target) : 0.69
Status : On watch for continuation higher
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Previous Alert 20/02/19
Current Active Alert Management SLR
Time Frame : Daily/Weekly
Sector :Materials/Basic Materials
Broker Consensus : BUY
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SLR – Sliver Lake Resources Limited
SLR kicked on higher today towards the 0.70 zone where we are now happy to look to lock in a partial gain at 0.69. Also, happy to raise the risk level to 0.61 to have a free hit at new highs. We may expect to see some action above and below 0.6772 which is the DRM offer price for shares in SLR.
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Stock Code : SLR – Silver Lake Resources Limited
Company Website : www.silverlakeresources.com.au
Current Price : 0.66
Previous Buy Entry (Trigger Level) : 0.585
New Sell Exit Zone (Stop Loss) : 0.61
Potential 50% Partial Exit Zone (Target) : 0.69
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Previous Alert 18/02/19
Current Active Alert Management SLR
Time Frame : Daily/Weekly
Sector :Materials/Basic Materials
Broker Consensus : BUY
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SLR – Sliver Lake Resources Limited
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SLR has continued higher since the entry on the 14th Feb and is now heading into resistance at 0.645. We are watching to see how price action reacts at this level and whether we will look to lock in some gains around 0.64. We expect price to head higher today and if we see a push straight through 0.645, then the next port of call for a partial exit will be around 0.70/0.75.
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Stock Code : SLR – Silver Lake Resources Limited
Company Website : www.silverlakeresources.com.au
Current Price : 0.615
Previous Buy Entry (Trigger Level) : 0.585
Sell Exit Zone (Stop Loss) : 0.525
Status : On watch for buy entry continuation higher
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Original Alert 8/02/19
New Buy Entry Alert SLR
Time Frame : Daily/Weekly
Sector :Materials/Basic Materials
Key Stats : $274.30 Million Market Cap, VWAP 0.545, ASX Ranking 468, 4 Week Av Turnover $770,946, Current Turnover (Intraday as at time of alert) $827,557.
Company Overview : Silver Lake Resources Limited (SLR) is a gold producing and exploration company with resources in the prospective regions in Western Australia. The flagship projects are Mount Monger, Murchison and Great Southern Projects.
Broker Consensus : BUY
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SLR – Sliver Lake Resources Limited
SLR continues to hold higher levels and is playing out to plan so time to get on board and see if price runs up through the highs. We are happy to buy on a push up through 0.585 and hold the stop loss at 0.525. If price falls below 0.525 prior to entry, then we will cancel the entry alert and re-assess the action.
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Stock Code : SLR – Silver Lake Resources Limited
Company Website : www.silverlakeresources.com.au
Current Price : 0.555
New Potential Buy Entry (Trigger Level) : 0.585
Potential Sell Exit Zone (Stop Loss) : 0.525
Status : On watch for buy entry trigger
