SI6 50.0% 0.2¢ si6 metals limited

Si6 Chart, page-175

  1. 3,496 Posts.
    lightbulb Created with Sketch. 1040
    Not overbought yet which is good, if the run continued on Friday it would’ve been nudging that territory..

    The recent uptrend pattern has really opened up now and is well supported, the sentiment has just about peaked positive and will likely wane towards negative over the next couple days which is to be expected after a fairly decent rise in sp over the last 5 sessions... however any more good news will keep the sentiment in positive green...

    There’s been some really good volume days in the last five sessions, but looking at the macd, it will likely level out and converge back towards the signal over next couple days as the sentiment starts to wane you can just see it starting now... again any good news will likley see it move again..

    So I’d say we will see another spike to 4c territory on Monday then settle back to around 3.2-3.5c.. but any further good news will keep the momentum going..

    https://hotcopper.com.au/data/attachments/2729/2729430-1fcf4194b94da1752ed60a59fdace02e.jpg

    All in my opinion of course
 
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