SAR 0.00% $4.69 saracen mineral holdings limited

Hey all, So here is my 2 cents worth on the technicals of this...

  1. 49 Posts.
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    Hey all,

    So here is my 2 cents worth on the technicals of this stock. It's still looking like there is strength left in this stock. From a weekly viewpoint it found support right at a strong confluence level with heavy volume. This price action also gave a third leg to confirm the weekly uptrend line. It's currently getting squeezed up against resistance at around 2 dollars which was the old ATH. I'm expecting it to get through this level with the next target at 2.29 around the ATH. However if the trend line does fail i'd expect the gap at 1.87 to fill and if that doesnt bounce back to support at 1.75.

    As always DYOR

    Cheers
    Last edited by Steady_183: 10/10/18
 
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