SRN trade ideas
Fibonacci Buy/SellDaily Chart
Note: Five day confirmation of trend before fib placement.
Note: RSI below RSI MA Bear Entries (Unless above Ichimouku Cloud)
Note: RSI above RSI MA Bull Entries (Unless below Ichimouku Cloud)
Posthigh-Prelow = Entry in Bull 0.382, 0.5, 0.618
Prehigh-Postlow = Exit in Bull 1.272, 1.414, 1.618
Prelow-Posthigh = Entry in Bear 1.272, 1.414, 1.618
Postlow-Prehigh = Exit in Bear 0.382, 0.5, 0.618
Posthigh-Prelow = Entry in Bull 0.382, 0.5, 0.618
Postlow-Prehigh = Exit in Bear 0.382, 0.5, 0.618
Prelow-Posthigh = Entry in Bear 1.272, 1.414, 1.618
Prehigh-Postlow = Exit in Bull 1.272, 1.414, 1.618
$SRN$0.022 has held strong with a double bottom, volume coming back into this one showing signs of life. Momentum changing, short term target closing the gap at 0.043. Medium term move towards 0.065 and possibly 0.083. Fundermentals of this one strong, could be a sleeping giant if they can get some of these announcements rolling out. EV talk of the town, wait till they realise vanadium will be a battery material power house. This sector will hopefully rise soon. Please dyor research, this is my opinion only.
