Low-priced silver stock here, GPL, which looks to be forming a potential inverse head and shoulders bottoming formation after a vicious downtrend from $5. A close and hold above $1 likely confirms it.
Also, when you look at weekly charts you can see the RSI improvement on the “right shoulder” as the pattern developed, compared to the “left shoulder.”
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I didn’t listen to your call on SLW (my bad ),
is it too late ?
At this point I would wait to see if it can bull flag out to offer a safer entry. I want to see $23.60 now hold as support.
Hi Chess… thanks for the unsolicited mention. Much appreciated.
(FD; VP of IR for GPL)
Rhonda