SIRIUS MINERALS (SXX)

This has just bounced off 14p, on the way to retesting Thursday's pin bar low of 13.5 ?
It would be much appreciated if anyone has the time to put up a P&F chart ?
The all important NYMNP planning meeting is on June 30th.

ct

support...17.32
resistance. 25.25,,,30,,,36.75
best place to go long now will be on a retest of 17.32 as thats got a lot of support there.
penny share warning...This can move fast

dl.dropboxusercontent.com/u/4899609/sxx1stjune2015.png

I know nothing about the fundamentals on this one and commented for charts sake only, but the 22.50 resistance was a strong area and the tweezer top failed. Showing strength but caution always on smallcaps.

GL
F4T

The extent of the rise so far has been surprising to me, particularly this early because the results of planning permission meeting are not going to be announced until June 30.
If it makes it through 25p today then next resistance around 29/30p. However, a pull back is overdue. It's been a feeding frenzy so far and it's always dangerous to trade during these periods as price can move quickly.
In my view there is an excellent chance of Sirius getting approval, particularly because of current economic climate and Tories are keen to have anything they can hold up to demonstrate their Northern Powerhouse BS. If approval is given this is only the beginning of the start of a massive engineering project that will require huge fund raising.

F4T:

"Tweezer top today at 19.75. This is a strong reversal signal."

Made a little here buying and selling for a 2p profit a week or two ago, but now wishing I'd hung on in! Now watching to see if it can close at 23 or so and then might dip a toe again… BIG volume today. Any views and opinions from the crew here would be greatly appreciated as always.

GLA,

EGH

Tweezer top today at 19.75. This is a strong reversal signal.

GL
F4T