SFG 0.00% 0.3¢ seafarms group limited

SFG chart, page-167

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    If you closely at the chart you`ll notice that we currently have 3 consecutive weekly bars with closing price above the moving average between 09c-093c, this week will be 4 consecutive bars if we hold above 9c by close on Frid, this hasnt happened for quite a while here and this is how new trends begin (with consistent support above the 9 EMA)..the trendline break is around 095c so that puts price in a very tight range. add to that the lower MACD about to cross its axis line in conjunction with a trend line break.
    Last edited by W3hunter: 06/04/21
 
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SFG (ASX) Chart
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