Panjang

$SI outperforming since Jan '22 - breakout coming

Since end of Jan '22, SI has made higher highs against SPX lower lows, and has found support at the relative strength uptrend against BTC.

SI narrowly reclaimed its 200 SMA after a double bottom at the major $100 level earlier this week.

Buyers have kept the stock sideways/up in a pretty violent market,

I think momentum is to the upside and any moment of broader market strength will likely send SI straight to $150.


*I am long 4.14.22 150c*
Moving Averagestraderlion

Penafian