SRN - chart only thread, page-2

For those who are not aware (most people here?), RSI reaching "overbought" doesn't mean it's going to sell down. It can ride into overbought territory for a week at a time quite comfortably in a bull run.

High volume breakout from resistance. Should see it tick upwards until the updated JORC.

Hard to judge the ceiling here based on TA alone as there's not much there aside from the sideways trend channel which is broken to the upside.

Question remains: How much selling is left? The only party likely to be doing this heavy selling is the underwriter CPS, which is holding the price back quite significantly.

Spring loaded!