Sirius - SXX

sxx weekly.
uk.advfn.com/p.php?pid=chartscreenshotsh...lRP4vNN6qhUV++yS4QU=

This is by no means a guarantee to move down, it actually ended up having a good day on friday.
If i was looking to go long here, purely from a trading perspective, and in terms of opening new position, i would eyeing a sub 20p entry, i think a reasonable possibility that will happen, but it could go the other way.....

The long term weekly shows this to be in a long term triangle, so a break above 30p(ish), would send this soaring upto the 50p area.

However a test of the main trendline could happen around 20p area, 200 day ema line on the weekly, but thats by no means a certainty....

I can't tell you to bank, or hold, but this does have much higher targets long term, as long that 18/20p holds......

good luck, atb, wdik, dyor,
trendfriend

TF, I hold these a lot at sub 20p average. Do you think I shall sell first thing on monday morning and then buy back? Whenever I do that this will start flying...
Holding back to buy GENL and HUR too.
ta
G

Can see from the post below in July, the 200 day ema line was crucial here....and a move below could see sub 20p buying opportunity....

looking at today's chart.
sxx daily
uk.advfn.com/p.php?pid=chartscreenshotsh...bpI8DMDA20oSlvT20%3D

so in terms of a target, i think while below the 200 day ema line on the daily, a move to the 200 day ema line on the weekly chart, at around 20p area atm, looks to be the target, as that has historically been strong support for the stock

sxx weekly.
uk.advfn.com/p.php?pid=chartscreenshotsh...LhEJ96tpZlFt+y63nvM=

a buy zone between the pink lines, around that 200 day l=ema line on the weekly imvho.

atb, wdik, dyor,
trendfriend

sxx daily. chart from 7 July)

uk.advfn.com/p.php?pid=chartscreenshotsh...iqswTwIhtErFk2GoBAc=

This is still bullish while above the 200 day ema line. So that's the key here imho.

Not in this atm, but a move again to that 200 day ema line at around 25p, looks good as a buying opp.

If however we get a move below that 200 day, and spend a couple of days below on eod closing basis, this could see this move to the main trendline which is sub 20p.

If that was to happen it is almost certainly a fill yer boots buying opp...

wdik, dyor, wdik,
trendfriend

Broken major resistance at 28.6292, could be heading higher but another resistance is at 41.4881.

Does look bullish.

could we, possibly, be heading for a cup and saucer pattern here?? Possibly??