ASilk

ASilk Updated 

PPS breaks through resistance at 0.5 after numerous attempts, along with rising OBV volume and rising RSIMA(30)

ASilk

FYI Resrouces trying to break out of downtrending channel established since late March. This channel had a peak of 0.18, current low 0.042. Break out of channel is accompanied by a current re-test of historic 0.07 price level. Confirming breakout of the channel and turning the 0.07 level from resistance to support would result in a bullish 50/200 golden...

ASilk

SUL breaks out of bullish channel established for 2019. Bearish Golden Cross on both 1H and 2H time frames. Cyclically falling RSIMA(30) since a peak in late May. Price target $6.30 for the bottom of the multi-year channel, $8.30 for some consolidation on the way

ASilk

RSI has potential to break through its MA(30), with the dragonfly doji candle on the last trading day a sign of support. OBV trending upwards. Targeting 1.31 to make a new local high, around 1.40 to breakout of its current trading range.

ASilk

Volume coming in as the 3.60 level converts from resistance to support, verifying the longer term divergence visible in momentum indicators. Short term targets can be taken from the fib levels for the up trend (from Jan 2019), or the longer preceding downtrend (from ~2016).

ASilk

Ascending Triangle formation with slowly rising OBV, steadily approaching resistance at 0.15