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Monday, January 7, 2019

Silverlake Axis - Bearish Bar Emerged

Company announced it clinched 8 new contracts in the last 6 months, and signed services contract with AEON Vietnam. These are good news that should see the price go up, but instead the BB took the opportunity to unload the stock. The price action looks bearish. Any break below 0.40 could see the price accelerate to 0.345 and 0.295.

All posts and charts are for educational and illustration purposes only

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