Bullish cross of SMA 20-50-200 close to price
Nice volume and buy volume
Sell momentum is slowing down
RSI bounce from 46 which is bullish.
Profit taking zone is 0.5 area which is also previous long time support.
Silver had some pace compared to Gold, but is now almost done with going up. I am expecting a minor correction from Silver (look at the comment for why)
Switching from silver to gold wouldn't be bad, but waiting for confimation could also be less risky.
XLM is makin bullish wolfe pattern. The market has reacted to play it out today and we have seen the first upper movement for a breakout from this falling wedge. Today seems like there are a resistance from SMA 20. The volume is nice, but take a note that volume also includes the rejection from SMA 20. RSI on daily going up steeply which is expected at such of...
Tupras is makin rising wedge with treble top, with lower and lower volume , and falling and falling RSI (making bear flag alike)
A is .618 zone for the rising wedge also where I expect SMA 200 to be, B is .5 for A and C is 1.618 for A and B.
Expecting a bigger drop on long term.