SMY sally malay mining limited

is a technical buy, page-20

  1. 1,259 Posts.
    i agree mack that the descending triangle is generally a bearish formation. bears eventually overcoming bulls and driving it down through resistance. although i have read that in a bullish trend it is not a strong reversal indicator. possible bear trap.

    candlesticks over the last 2 days have been reasonably bullish - as you say scd hopefully a rise in demand for Ni over the next week or so can get it back above 80.
 
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