Sirius - SXX

This is above 24p now.....

I have topped up around 5K £ at 17.78p.

ta G

Just a couple of couple of quick charts, with possible/potential trade set ups...

sxx, nice rally up, (chart form yesterday)

Really given the scale of the bear run here, a weekly close above the 200 day ema line is needed, without looking back to confirm a trend change...

so the level to watch 21.75p, if this is the real deal here....

atb, wdik, dyor,
trendfriend

This looks to be showing some strength atm.
double bottom, and rally above the 20 day ema line, which is always a good sign.

If it can get above the 50 day ema line and resistance at 20.25p, i may add some of these, as above 20.25p opens up a test of the 200 day ema line at 23p area.........

atb, wdik, dyor,
trendfriend

yes a further move down looks possible, the trendline is broken, but i'm not getting too bearish on this.

the weekly here, shows the 200 day ema line at about 18p, that support should hold.
uk.advfn.com/p.php?pid=chartscreenshotsh...gaWORHJTz6EjJnjzs%3D

the daily shows a buliish falling wedge, and a breakout could well mean a decent rebound.
watch the rsi, it's refusing to make a new low, and at around 25/100 it needs to bounce back at soem point.

sxx daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...7TojqU234%2FGW1u8%3D

lets see how this goes.
atb, wdik, dyor.
trendfriend

Trend, there's my weekly. 18.9 hit and as I type I'm seeing 18.6.

screencast.com/t/eo0iLpn8VE

Risk has increased that the next trendline is the next target. I have that below 15.