SLP was in a downtrend since mid-July and broke slightly below the then all-time low of 0.614 only to be bought up again.
2 days ago it broke out of the yellow downward sloping trendline that was keeping rallies in check, with huge volume and price breadth.
Today it revisited the trendline, found support and is inching back upwards again. This may very well be the start of a great uptrend.
If it breaks the most recent high of 0.1039 within the next couple of days or so it is a great sign and I will be adding
2 days ago it broke out of the yellow downward sloping trendline that was keeping rallies in check, with huge volume and price breadth.
Today it revisited the trendline, found support and is inching back upwards again. This may very well be the start of a great uptrend.
If it breaks the most recent high of 0.1039 within the next couple of days or so it is a great sign and I will be adding