GREY:SVVYF - Post Discussion
Savary Gold
> That’s where the Co need to show us something…
Post by
FratzyBottFish on Apr 15, 2016 7:45am
That’s where the Co need to show us something…
That’s where the Co need to show us something…
Both technical patterns turn out to be good signals & both breakout.
We've tested 1st level of our seasonal & past year’s resistance (10¢ to 11.5¢) & now in consolidation mode, with fading volumes.
SCA bigger challenge (technically speaking) is just in front of us the (10¢ to 11.5¢) resistance line builds in past years. That’s probably where co fundamentals and Gold price could impact more.
As of yet nothing came out of Co (no news & no insider buying) and Price of Gold in consolidation mode. So a wait & see.
What I like is SCA is on a triple bottom with latest on «higher low» from previous bottom.
That’s where we stand for now technically speaking.
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