Aug. 18 at 3:09 PM
$SLRX Based on the reverse-split price adjustments, the targets of the bullish patterns, seen on the charts with various timeframes, have also accordingly changed. Some of the targets indicated by the double bottoms (DB) and falling wedges (FW) are as follows (not advice, just probabilities, realization of which are subject to patterns' validation, supporting factors such as progress in qualified financing and merger, market conditions, etc.):
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$10.60 (hourly chart FW's target)
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$35 (intermediate target of the 4-hour and daily regular hours (RH) DB)
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$55 (intermediate target of the 4-hour extended hours included (EH) chart DB) - corresponding to the highest price observed on July 29th.
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$63 (main target of the 4-hour and daily RH DB), ~14%+ above the July 29th highest.
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$104 (4-hour EH chart DB's main target) - a level close to the highest price on Jan 13.
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$126 (4-hour RH chart FW's target)
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$148 (4-hour EH chart FW's target)
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$198 (daily RH chart FW's target), ~83%+ above the Jan 13 highest