TSX:SOT.DB - Post by User
Post by
ownediton Jan 28, 2020 2:07pm
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Post# 30609837
Nice Bullish triangle forming...
Nice Bullish triangle forming...Bullish triangle forming on SOT.UN for the past month. A close above 5.94 with volume should confirm it. After that the target price would be around 6.10 to complete the event. With all the moving averages crowded in a tight range between 5.88 and 6.00ish, a move above would be well supported with a number of moving average crosses offering technical momentum. If the geopolitical noise quiets, it is reasonable to see another move to 6.30. However, need to see a strong move above 5.94 first.