Broke above 0.22 and its not showing any signs of losing steam...

Broke above 0.22 and its not showing any signs of losing steam as of yet - possible scenario in the near term where it hits next upper trendline, RSI signals overbought and we see a back test around 0.23 before breaking higher and potentially gunning for the black trendline.


Weekly chart is looking amazing imo, RSI is sitting at the mid point with plenty of space before signalling overbought. It's not exactly showing bullish divergence but the RSI lows have remained relatively flat while the price has crept up and made higher lows, still a positive sign.

We could be looking at a break of the black pennant to around 0.30 on this leg up, before RSI enters into overbought territory. Who knows but, if the pending announcements are stellar and exceed expectations we might see enough volume to push this near ATH's, could be getting ahead of myself with that though.

Looking for volume to increase as price approaches the key breakout points.


It really seems like TA and FA are marrying together nicely for this pennant breakout to play out perfectly (Li prices, news flow etc), BUT still going to keep expectations tempered until price action shows continued strength over the next week/s. Never know what can happen with markets or news flow and the games played with SYA in the past.