As we wait for news to confirm the progress of SYME, here is a chart of my findings, I got in too early and have managed to average down a bit as I could afford. Graph looks set to complete my analysis. GLA
In this chart I have outlined the point in which the 50 SMA is crossing the 200 SMA (to the upside) this usually indicates an uptrend. Using that to my advantage I have also found a gap fill in the chart that could be a short term trade. I would expect some sort of consolidation at around the gap fill area and should it therefore continue past the gap fill the...
As 200 SMA is untested since March, the chart is set up nicely to retest ST.