Could see some early signs of synchronised momentum in the works here developing very subtly
The weekly MACD has turned around, a close above 4c thereabouts will kick off a flurry of actions and possibly drag the background momentum above the axis line.
SP has also broken through the 200 EMA (approx. 2.9c) in the last few sessions.
The 9/20 EMA crossover also coincides with MFI crossing 50 is also a good omen.
What we are waiting now is a relevant $ANN.
XAM Price at posting:
3.2¢ Sentiment: Buy Disclosure: Held
