$SLP is turning resistence into support on daily 1D frame

SLP Smooth Love Potion is holding nicely over several suports

It is holding above 200MA 1D, above 200EMA 1D and above long term fib level

And it is retesting as a support the anterior blue resistence!

Bollinger Band is narrowing (gray) and there is also strong support from Visible Range Volume past trades (horizontal bars on right)

As the target of the down wedge has already been achieved (pink arrow), it may be forming a kind of a triangle on these last 20 days

Haftungsausschluss