Santo Mining Corp (SANP)

[Chartmaster]

Today was a key reversal outside down day and that is a topping signal, but I believe the MOMENTUM of those weekly stochastics I've been cueing off of takes SANP over the .003 resistance...I mean I can see some may say we are in a huge trading range between .0002-.003 but I see this as a third leg higher with the momentum to breakout over .003 as third legs always exceed the first.
I'm happy to see price close in the .002-.003 range this week however that range may be more like .0015-.003.
.0015 was the previous resistance that we re-tested today and held, and the close is right there still riding the top Bband and that is way bullish, the price is above all MA lines and all MA lines are rising both weekly and daily chart except for the 200 week MA.