SAKL is suggesting a potentially bullish chart setup whereby we may be undergoing a reversal to the upside in the 20 and 50 day moving averages.
SAKL has been holding its 20 day moving average which may suggest an increased area of support in the short-term – a potential indication that there may be a higher probability of near term upside.
SAKL has a RSI at 48 on the daily chart, suggestive of increased opportunity for upside.
SAKL has a 200 DMA at 0.1067, 26% above current valuations – suggestive of increased upside opportunity.
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