Continuation of bullish pattern since $100.
Since Sept, SI has advanced into the $112-$125 trading zone (for detailed analysis, please see my previous posts). Earlier this week, SI broke out of resistance at $125, now heading into the next phase. MACD and RSI both support bullish thesis. Based on prior trends, I think the next resistance is at $134-$135 area. Long and steady.
Disclosure: LONG SI since $100ish.
Since Sept, SI has advanced into the $112-$125 trading zone (for detailed analysis, please see my previous posts). Earlier this week, SI broke out of resistance at $125, now heading into the next phase. MACD and RSI both support bullish thesis. Based on prior trends, I think the next resistance is at $134-$135 area. Long and steady.
Disclosure: LONG SI since $100ish.