STM 9.09% 1.0¢ sunstone metals ltd

Daily Chart

  1. 553 Posts.
    lightbulb Created with Sketch. 82
    ok - here we go, the daily chart as of close of business last night @1.8c

    Looking much better than for a while, with a weak buy signal.

    RSI positive at 60, and rising from below 30, so in buy territory until it passes 70 on way down.

    MACD is above signal line ( and crossed above zero)

    Money flow trending upwards above zero

    The moving averages are all upside down; reflecting the downtrend, hence the weak signal. The 21 day though is now sloping upwards ( a buy signal for some) and may well cross the the 50 in a day or two ( a stronger buy signal) and so it goes. There are some who only treat SP performance as strong ( buy) when the 21 day leads the 50 which leads the 200, rferred to as 3mmm compliance.

    anyway good to see the TA's turning following the Limon updates.

    https://hotcopper.com.au/data/attachments/5722/5722502-60282b4ed4da53d6af4c83c35ae01a51.jpg

    GLTA

    Wazz


 
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Last trade - 15.56pm 24/06/2024 (20 minute delay) ?
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