SAS 0.00% 1.6¢ sky and space company ltd

SAS Chart, page-668

  1. 1,464 Posts.
    lightbulb Created with Sketch. 741
    Chart interp for what it's worth. Alternate analysis welcome.
    I see divergence occurring on the daily for MACD and RSI as bullish lead indicators. Testing the long term downtrend as I see it at the moment on volume that is increasing all be it relatively small. 50dma red line appears as short term resistance for now. Upper trend line likely slightly off but hitting multiple points so close enough for my mind to determine the long term trend line required for a breakout signal. A positive move on volume would be bullish and likely push SP up to .08c range / 200dma blue line then up to .12c range if that resistance falls. Bearish if it breaks below high .04c support range on volume with the move down to high .03c range followed soon after. If it breaks that then it's a flop to .02c region. Or it just goes sideways forever what.png...

    Gamble responsibly sneaky.png 

    https://hotcopper.com.au/data/attachments/1415/1415058-c4a483a7027b3449b9f6766d65c97a5f.jpg
    And ask yourself
    https://hotcopper.com.au/data/attachments/1415/1415085-a513865d0804f58b0fc3635feec013fe.jpg
 
watchlist Created with Sketch. Add SAS (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.