Sirius Minerals to Continue Moving Upwards

Sirius Minerals shares (LSE:SXX) are expected to continue to going upwards in the context of an established uptrend. The price action supports this view as this analysis shows.

From the beginning of January to the end of March 2015, the price moved in a tight consolidation phase, but it broke upwards significantly in April, moving far away from the upper Trendline. The RSI period 14 has stayed mostly above the level 50. There may be corrections or sideways movement along the way, but the price might continue trending upwards till the supply levels at 35.0 and 45.0 are attained. This would happen this year.

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