STM 0.00% 1.1¢ sunstone metals ltd

Daily chart as at close of business 2 April.Couple of good...

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    Daily chart as at close of business 2 April.

    Couple of good things happening - on price, the 21 day MA has crossed above the 50 day, often referred to as a golden cross and a good buy indicator.

    RSI above 50 and rising, although now in overbought territory - see weekly

    volume in March improving v February.

    The buy indicator now has a profit take signal on the daily, due to P rising 2 std deviations above average price, so day traders maybe looking for an exit above 1.6c, but still a buy on the weekly chart.

    https://hotcopper.com.au/data/attachments/6075/6075068-185b23087d1a45e7061fba7aa73f8410.jpg
    I'll separately post the weekly, as it is more the investors view and has a different look.

    Wazz
 
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