Sirius Minerals gapped through 200 EMA (bearish), but…
SIRIUS MINERALS PLC ORD 0.25P LSE:SXX
On the daily chart: SXX gapped down through its 200 EMA , a bearish sign
BUT found support at 23.5 on it’s weekly 200 EMA
Stochastic on daily chart is trending down and could result in another decline
Also filling the gap at 31.72 could trigger fresh round of selling.
Let’s see what happens.