TA for SLAM Exploration V.SXLHi gang...
Here is some TA... with support and resistance...
Nothing goes strait up... We are consolidating nicely but need to hold .20 ...
However, even a drop below brings us to support at various levels as seen below, any of which can hold price...
Worst case scinario is a ddrop to .12 where there is MASSIVE SUPPORT. (first thick green line) but I highly doubt
we will get that low... There is also the longer term trend that puts us down to about .15 which matches the 50 day average
However, by the time we go forward a few days, that average will likely be at around .17-.18 which matches another support
area... I think that it is most likely that we stay within .17 to .22 and consolidate. This will reset MACD, RSI, STOCH, and let the trend
lines line up again. HOWEVER... Any significant news release, and all bets are off... This one could blast off very easily. Hope that helps,
Cussy, the Windsurfer:)
