Sirius Petroleum Would Spike Upwards Soon
By
Azeez Mustapha
PUBLISHED:
28 Oct 2015 @ 08:00
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More info about Azeez Mustapha
Sirius Petroleum stock (LSE:SRSP) would soon spike upwards, though it cannot be said exactly when that would happen. The price would soon find a floor somewhere around the support levels at 0.20 and 0.25; and then spike upwards/rally massively.
The price has been testing the lower Trendline – it could even go below it. Likewise, the RSI period 14 is below the level 50, which means that the current bearish outlook is especially strong. The stock may go further downwards, but the more the price moves downwards, the more the possibility of an upwards spike.
Yes, a rally or a serious upwards spike, which might later lead to a strong rally, would happen on Sirius Petroleum very soon.
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