3 month long channel on
SLM
20% drop is big... but still in line with price action.
Anything below $6.50 is cause for concern in the next 2 weeks.
RSI on the daily is almost oversold. Would expect the selling to slow in the next 3-5 trading days.
Patience is key.
20% drop is big... but still in line with price action.
Anything below $6.50 is cause for concern in the next 2 weeks.
RSI on the daily is almost oversold. Would expect the selling to slow in the next 3-5 trading days.
Patience is key.
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