GUN 0.00% 1.1¢ gunson resources limited

weekly chart - lining up for a breakout

  1. 5,893 Posts.
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    Following on from the fundamental thread, the weekly chart also suggests things are lining up for an upward move.

    There was an interesting flurry of buying activity (500k orders) yesterday which may be the trigger to set off this move.

    The weekly chart shows the symmetrical triangle that is in play right now.

    Stochastic, RSI and Smart Money indicators are all turning up.

    Short term resistance around .25 and .30

    Good luck to holders.

 
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