SSC sultan corporation limited

Just looking at the chart for the short term, can see that ssc...

  1. 76 Posts.
    Just looking at the chart for the short term, can see that ssc could possibly bounce off the 38.2 or make for the 50, i tend to agree more so with the latter, reason being the MACD is looking a bit toppy , decline in volume , RSI has broken its short term trend line and the money flow suggests there is room to move yet to its trend line.

    I will look for entry at 0.02 with the 50 at 0.019 with a target of 0.027

    Not much of a chartist, having a go, open to any pointers or corrections of course! do like the look of this stock for a company that will be producing in the near future and monty on the horizon, it has alot of good things going for it, which is why it will bounce shortly.

    I also noticed that there are old resistance levels at 0.019/0.02 and 0.016 which co-incide with the 50 and 61.8 fibbs.

    Placed my fibb from 0.004 to 0.035
 
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Currently unlisted public company.

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