I like to pair EMA and SMA MAs of the same value together, the lighter ones are the EMAs. I use my BB median as the 20sma
On my 1 day chart it has bounced of an interesting support zone and has met resistance at the 20ema, the 3s and 8s are currently support
On the 1 hour chart the 8s have been support, it pushed out of the BB and has cooled down, the 8ema (light blue) is still support but looking a little murky... tomorrow might be a bit more revealing
On the 30min chart the 200ema is support, it has pushed below a few times, mostly wicks. The BBs have tightened here, again it feels like tomorrow will have a more obvious move one way or another
On the 15min chart both the 50s have crossed the 200s and have been tested right near the end, currently still support and pointing slightly up. The price spent a bit of time in the lower half of the BB but finished back in the top half
@Cheeky-Charm Speaking of divergences, on my weekly chart there were a few bullish ones that stuck out to me at the end of a down trend, the most recent one is quite a bit more subtle from this view, but if this is indeed the bottom, it is just the start of a possible upswing... IF...
Fundamentals will obviously need to play their part in all of this, I am hoping for a positive announcement to set a trend change into motion, but at this stage I see some potential for upside here at this price. Lets see what the market thinks GLAH
SYR Price at posting:
45.0¢ Sentiment: None Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)