Who else posts charts?
IMO The best poster of charts on this Forum's
1) Morning
2) Afternoon &
3) After-Mkt Lounge threads is
@Patterns
He posts on 3)'s mostly late at night - you just have to interpret for yourself - according to your goals - what action you take in respect of the stock charts he posts.
He may well have posted - with an SRN chart - back in early March :
"broke above previous swing high but did not close above it"
IMO that swing high 1st occurred @1.7 back in mid-Jan.
Note from your chart that the SP peaked at 1.7 on 4 occasions later that month, but did not break out above that level - to 1.9 - until early this month, which you'll see per your posts chart.
IMO it needs to break out above the 4 or 5 similar daily peaks of that 1.9, which have occurred since then, including today.
But
on significant volume to incentivise buying, close after its now established start of a gradual rising trend.
Such trends usually occur too in the SP's of other stocks in the same sector, of course dependent on the near-term prospects of FA (financial analysis) you place on it. Best of luck.
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