Sirius - SXX

Just a couple of couple of quick charts, with possible/potential trade set ups...

sxx, nice rally up, (chart form yesterday)

Really given the scale of the bear run here, a weekly close above the 200 day ema line is needed, without looking back to confirm a trend change...

so the level to watch 21.75p, if this is the real deal here....

atb, wdik, dyor,
trendfriend

I have topped up around 5K £ at 17.78p.

ta G

This is above 24p now.....

The share price has been fighting with the 200-day SMA recently. Starting to move away today, holding above the 200 day I would consider bullish. What does everyone else think?

I agree wrt 200 day & would expect the break to be back tested,the recent move has been with relatively small volume so i'm going to answer your question with another & that is does the lack of volume matter?

The recent moves have been on heavy volume id say, with the very recent pullback and sideways movement on lighter volume.

It would be great to see heavy volume come in if this continues to move up. But most of all would not like to see any moving down on heavy volume and definitely not doing that whilst breaking the 200-day.