TLS Daily Chart Analysis EOD 31/07/2015

All on the chart, solid dashed blue horizontal support line, where the creek was crossed now turns SUPPORT ($6.30 zone). Also note the dashed Blue UP TREND LINE for further support on any pullback. SCLX was on a heavy volume followed by the SPRING on relatively low volume and the rest is history repeating itself. Will the tentative bullish, medium term, price objective of $8.05 be met in time ?

 

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