General Discussion Topics, page-1248

STOCHRSI (14) has at strong buy Weekly and monthly.

Likely convergence at 3.9c.

Massive level of resistance at 3.9c but what gets me is that if you followed the daily and weekly trends in the last ~10 days, they indicate low 3c - high 2c. Mathematically if it followed the predictive trends, SYA should be low 3c - high 2c atm. But it isn't the case.

IMO It's because people are holding their shares (including major shareholders). I also haven't seen 'a change of substantial holdings' announcement to suggest a trigger for a downward trend. Apart from the portion dump circa 18 Jan 21 of some of the BoDs-nothing but crickets since then.

Daily volumes of ~20mil last ~10 days doesn't suggest dumping of shares when there are bocou in the system. Current volumes suggest pip traders.

BTW I won't be looking at MA 100,200 until late March because the data used takes into account the SP when it was below 1c (early Jan). Therefore is will skew current MA 100/200 numbers...