Chart looks like a bullush trend;
Tenkan crossing up through Kijun (but below the cloud);
Chikou is above the cloud but close to price action - possible consolidation;
Bars have broken out above the cloud, but a 3 bar pattern has not yet been established...2 of the bars dipped back into the cloud restarting the count
I have recently published a series of bullish articles about-XME.
CRS-is one of the components of-XME. The strength of this chart speaks for itself -
It is one of the metals stocks which is contributing to the strength in-XME.
XME-is the-SPDR S&P-Metals and Mining ETF-which offers broad exposure to industrial-and precious metals and mining, with a strong emphasis...
Strong overhead resistance has formed from the down-trending channel that begun in August 2014. There is also a fib retracement level @ 41.38 which the price has also recently respected, giving weight to its significance. The RSI has also topped out at a level consistent with the previous high made in late February 2015. Volume is falling as buying interest wanes...
After it bottomed mid Nov and formed what looks inverted head and shoulder, this has a chance to hit as high as $58 area with tight stop of 18-day exponential moving average or a recent swing low.
