SFX looking like it wants to continue to grind higher once more....

SFX looking like it wants to continue to grind higher once more. I think we will see $1+ in the short term with the hot money now moved on and exiting into the last round of news flow and the gap that was created at $0.91 closed.

Daily:
Continuing to move higher in the upward channel, with MACD still trending positive. I also like the fact that the RSI didn't move into 'over bought' territory off the back of the last move higher, which tells me that the price momentum can continue higher for some time yet. Also liking the Stochatics crossing back over today trending positive once more.


Weekly:
Pretty similar in fact to the daily setup, with support for the stock at the $0.90 mark. MACD still positive and trending nicely higher, RSI heading north and not yet 'over bought' and the Stochastics also turning positive once more. Continued accumulation will take this higher. Once the share price breaches the old all time highs around the $1.10, this should start to take off like a rocket!