justin_paul

SNN - Breakout Imminent, Bullish Pennant, Tightening Triangle

Long
CSE:SNN   SUNNIVA INC.
After nearly a month long Consolidation following a +80% move off the bottom set christmas eve @$2.85 we have now settled at a 63% gain off the bottom. holding the 9DMA and 50DMA we could now be set for an advance to the 200DMA up near $6. Key support is 4.40, while we have not closed a trading day above $4.75 since Jan 21 which was rejected. A strong close at high of the day closing over 4.75 could be a strong signal of breakout. watching this week!

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