Todays move has SIR blasting back into the upward trend channel after dipping below it around $2.30, the drop to $2.03 yesterday was oversold and snapped back up in very quick fashion, yesterdays close was critical that it held its ground on the close, todays trading has provided the volume and move to suggest the next up is likely in play. $2.80 is the hurdle we need to bounce through with solid volume to break into new closing highs.
Looks good
SIR Price at posting:
$2.48 Sentiment: LT Buy Disclosure: Held
