Wait for the candlestick signal

After successive fall, SLI’s chart looks interesting. Today it touches the 0.88 per share where the Kijun Sen line is. We just need to see a bullish candlestick pattern for it to bounce from this level, else it will go down further and seek help from the Kumo or Cloud. That would be around 0.85 per share.

RSI or Relative Strength Index is at 56 and is still pointing downwards.

Caveat!

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