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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
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Previous Alert 29/01/19
Potential Buy Entry Alert to Watch SLR
Time Frame : Daily/Weekly
Sector :Materials/Basic Materials
Key Stats : $264.14 Million Market Cap, VWAP 0.545, ASX Ranking 473, 4 Week Av Turnover $736,915, Current Turnover (Intraday as at time of alert) $865,352.
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 is playing out nicely as gold in both USD and AUD terms is heading higher. A nice pop higher today may be the start of a higher low forming but we are awaiting a little more confirmation from buyers. Once we get further evidence, its all about the entry setup.
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Stock Code : SLR – Silver Lake Resources Limited
Company Website : www.silverlakeresources.com.au
Current Price : 0.56
Status : On watch for potential higher low
