Very strong ongoing support is definitely suggesting something is pending - aside from the bullish announcement speculation found in the threads (and guys - that is all it is).
As Madge said - looks like it is going to retest 15c in the short term. The last fornight consolidation has allowed overbought indicators (daily) to sufficiently unwind imo. The weekly candles shows clear rejection of lower prices although indicators are toppy but room to move up still.
My stop is 1 tick under last weeks lows - I'd like a tighter stop but am little concerned being whipshawed out atm. Will be watching momentum to determine my actions if it does move to around 15c.
IMO
Cheers
STL Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
