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Strategies & Market Trends : Dino's Bar & Grill

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To: howestreetbull who wrote (59762)6/21/2019 7:32:41 AM
From: howestreetbullRead Replies (1) of 202704
 
SKYG.v Weekly T/A
As we head into GT drilling season and the stock reaching new 7month highs time to examine the technicals which are shaping up nicely on the name so far. +25% on the week, PSAR, ADX, PMO & KST all on buy signals, Slo sto's (39,3) are coming up thru 50%,(last thrust to this level took the stock from 0.09 to 0.14 in Dec18). PPO and MACD about to break above the 0 line, potential cup and handle underway to complete the right side with a target of .08 -0.12 to the top of the cup. Vol/Price bars show that after current 0.05-0.06 level is breached a gap in activity until much higher levels are reached, ACC/DIS has been in a down channel but appears to be forming a new base challenging the top of the channel line. OBV and Chaiken money flow shows increasing improvement from oversold conditions and AROON UP reaching 100% confirms that good things are coming for the name.
cheers,
hsb
schrts.co
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