SGQ
Chart for tomorrow looks amazing. The bounce after the fall hit so many support indicators I can hardly make them all out.
fibs
61.8 from the most recent low.
50 from the low before that
38.2 from the low that started the major rally
38.2 from the all time low
Also bounced off the trendline from the major move up
And 2 touches of support in the 28.5-30.5 zone
And (although I don't use them I'm told by Mikey26) bounced of an MA.
That's 8 different TA signals providing the support it bounced off. Coupled with a hugely significant announcement that the market didn't understand today and a dawning realisation. Plus a plug from Hartleys describing it as new nickel 'province' and comparing it to SIR's Nova discovery.
Methinks tomorrow this will be one to watch...
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