AI
SLIO Chart.....White Opening Marubozu & Bullish Engulfing Reversal pattern formed today......
Huge Technical Development Today: SLIO closed "above" MA(50) @ 0.013.......
MA(50) has been major resistance since SLIO closed below that level on Nov. 15th......
Today's closing price above this major MA is a huge Technical development for SLIO.....
MA(50) resistance broke intraday on the 24th, but SLIO was unable to close above this level......
For the next 6 days SLIO was unable to close above MA(50) until today......Daily Avg. Vol. had been in the 500,000 range before the 35M day on the 24th.......
Today MA(50) resistance broke on very strong Vol. of 9.7M........over 2X the 10 day daily avg.......
Vol, precedes price & SLIO just had it's 5th largest vol. day in the last 52weeks.....the 35M was the 2nd largest of the year.......
MACD has been in a long Bullish uptrend......The MACD Line & Signal Line are @ a Flex point.......today's action could be signaling the start of a new run.......
RSi @ 48.23......ready to cross 50 Bull Buy Zone........UI shows risk is low & tons of upside potential.....
OBV, Accum/Dist, CMF & MFI all show investors were loading heavy today.......
SLIO is set up to run......on Breakout radar......$$$
Huge Technical Development Today: SLIO closed "above" MA(50) @ 0.013.......
MA(50) has been major resistance since SLIO closed below that level on Nov. 15th......
Today's closing price above this major MA is a huge Technical development for SLIO.....
MA(50) resistance broke intraday on the 24th, but SLIO was unable to close above this level......
For the next 6 days SLIO was unable to close above MA(50) until today......Daily Avg. Vol. had been in the 500,000 range before the 35M day on the 24th.......
Today MA(50) resistance broke on very strong Vol. of 9.7M........over 2X the 10 day daily avg.......
Vol, precedes price & SLIO just had it's 5th largest vol. day in the last 52weeks.....the 35M was the 2nd largest of the year.......
MACD has been in a long Bullish uptrend......The MACD Line & Signal Line are @ a Flex point.......today's action could be signaling the start of a new run.......
RSi @ 48.23......ready to cross 50 Bull Buy Zone........UI shows risk is low & tons of upside potential.....
OBV, Accum/Dist, CMF & MFI all show investors were loading heavy today.......
SLIO is set up to run......on Breakout radar......$$$
Learn to read Charts & Technical Analysis.....all are welcome....post your own charts & T/A & join the discussion
http://investorshub.advfn.com/$$$Ospreyeye-Charts-Technical-Analysis-&-Japanese-Candlestick-Patterns$$$-26060/
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
