SRL 2.56% 40.0¢ sunrise energy metals limited

From a technical analysis perspective, it is becoming clearer...

  1. 3,387 Posts.
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    From a technical analysis perspective, it is becoming clearer that this is the bottom. A rise above the 200 SMA will confirm a new uptrend.


    https://hotcopper.com.au/data/attachments/1401/1401227-5a725d836eddea486a52d16629790ae4.jpg


    Support in the 37c-39c range is holding strong. Appears to be some level of accumulation taking place.


    https://hotcopper.com.au/data/attachments/1401/1401230-686465e2cc5b775dc4c4a07dca601a42.jpg


    Almost all technical indicators are indicating a buy.


    With favorable financing, this could quickly bounce to 60c.


    GLTAH. DYOR.

 
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