SIH sihayo gold limited

on the verge of long term breakout

  1. 20,457 Posts.
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    Starting to look like a move higher through resistance is on its way (though I have said this before & been very wrong), selling has died off with little resistance showing at key resistance levels, news expected over June: Gold drilling results & updated JORC resource estimate, either could send SIH well above current levels if the market takes notice.

    Will give credit where its due, though SIH has been a very frustrating performer since all the changes taking place since last septemeber in the past 2 months where we have seen a almost 20% fall in the ALL ORDS we have seen SIH stay strong averaging .08 daily while the rest of the market went into a nose dive sell off, which is quite impressive when you look at how beaten down other stocks are at the moment, just maybe SIH is ready for its next attempt higher a break above .09 should be the signal, but dyor as I have clearly been wrong many times on SIH:

    SIH XAO
 
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