Breakout at either close on Thursday or open on Friday. Gap or hammer in the first 20 minutes. 1.365 to 1.535. Resistance tested and re-tested in M-shape at approx 1.62 with declining volume. I have no idea how this will open and/or continue on Monday. 2SMA suggests buying signal at 1.60. 1-year chart shows upward trend but not clean. Clean bullish was from September to end of October.
Posted Jan 09, 16 2:36 PMbyBeachNinja
Categories
Price Action: Breakouts
Tickers
ASX:SBM
Received 1 Karma
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