SLCA (Bullish) - Breakout above consolidation wedge, Elliot Wave
- First sequence of another leg up after completion of the Elliot Wave Theory consolidation
- Broke out above rising wedge, which was also a breakout above the 50% Fibonacci Retracement
- Found significant support at the 50% Fib Retracement when drawn from the charts low in Aug to the High in March
- First Price Target @ $25.81
- Second Price Target @ $28.50
- Broke out above rising wedge, which was also a breakout above the 50% Fibonacci Retracement
- Found significant support at the 50% Fib Retracement when drawn from the charts low in Aug to the High in March
- First Price Target @ $25.81
- Second Price Target @ $28.50