SID 20% retracment finsiehdSID 20% retracment finsiehd.
Let's hope 2.75 hold.
I see bigger possibility it finished the retracement.
but also small possibility that SID will goes to 2.4 zone.
CSNA3 trade ideas
$SID If you missed this one your about to get a nice entryGet the entry on this one! In at 3.10ish at end of yesterday
Is this the final push in SID? Can it push higher?Reaching previous medium level cycle high of 4.15
Also a Higher level cycle low back in late 2015 of $1
Above 34M ma
Previous higher level cycle high of around $25
Short-term target of 4.15
Long-term target of 25
Fundamentals:
P/E 13.45
Current Ratio 2.20
EPS projected NY growth 181%
Optimism: less than 2% short interest
Positive news building on the way up
Steel producer out of Brazil; construction and the IMP Manufacture's Index is up. DOW is up.
Wide range of products
Down Sides:
Longer than average correction that put RSI into bearish levels.
Trend is slightly reducing its angle.
The average true range increased on the correction
Volume built on the correction.
All the above considered, I was in at 2.80 and I'm staying until 4.10.
This week will determine SID directionThis week could determine the direction of SID. SID finished the previous week bouncing off of its 34 week MA and support. Although it is falling off of a lower high, a break above 3.46 would be very positive. The daily chart shows a strong uptrend with SID finding support at its 34 day MA. The daily price is also coming off of a new high with strong relative strength. This is a good place to buy with a stop around 2.77 and a target of 3.77.
Comments, help and critiques welcome!
After dropped 97%, this stock showed finally bottomed. After dropped 97%, this stock showed finally bottomed.
buy if price stay above the trendline. target 9.7
Estrategia largo plazo $SIDPresenta Fuerte resistencia clave en los 4.
Para romper necesitará de mucho volumen (muy superior a promedio de varias semanas).
Acumulando fuerza en tendencia de corto plazo desde Mayo 2016 (triángulo).
Cuidado con divergencia en RSI, aún en terreno positivo.
EMA30 necesita ser más clara, con mejor inclinación alcista para confirmar.
Precio debería regresar a testear ema30 (3.25/3.35) para luego salir.
Luego de superar los 4 no tiene resistencias fuertes en plazo menores a 2 años (próxima 6.20 de 2013).
Muy interesante papel de largo plazo.
SIDI noticed this was overdue a week ago and forgot to follow up. The harmonic patter is complete, got a littl extended past 88.6% and turned higher. I expect a 50% retrace so $2.82 should be the target. At least.
pennies to thousands above cloud candidategap up see how to play in our book on amazon cci and percent r upper range stoc crossed weekly above cloud
$SID Chart update from last post: Commodity play. This is just an update to the chart I posted about a month ago. Targets achieved. $SID is now a little too far stretched from mean. Potential pull back after ER will present adding opportunities or perhaps opportunities to initiate new positions.
Short Term Long Play On $SIDPrice break out above cloud and bullish cloud formation makes $SID an interesting stock to consider for the watch list. Longterm trend on weekly chart remains bearish however short term swing play might be possible with key areas at 1.39 and 1.59 areas.
