in this shaky market i think we could easily see a retest of 1.10-1.15 if general market is weak and there is no positive catalyst.
i agree spl seems likely both on technicals and fundamental 12mo outlook to hold above 1.00 but i do t think we will see a rapid reversal back towards previous highs until the next major positive milestone.
i may be biased because i missed spl last year and jumped in late at around 1.30-1.40 parcels, so i would like to add further holdings at 1.10-1.15 if it retests.
so im kind of happy which ever way it goes short term, and am confident for medium term.
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