SILO is coiling inside a symmetrical triangle, building pressure for a potential breakout. The stock continues to respect its rising support trendline near $0.58–$0.60, showing solid accumulation.
The 200-day EMA (~$0.87) now acts as the key resistance to watch. A clean breakout and close above it could trigger momentum toward $0.99, the upper boundary of the triangle pattern.
Setup:
Entry: $0.60–$0.64
Targets: $0.87 / $0.99
Stop Loss: Below $0.57
Momentum indicators show early signs of strength. Holding the ascending trendline keeps the bullish bias intact — breakout confirmation above $0.87 could open the next leg up.
The 200-day EMA (~$0.87) now acts as the key resistance to watch. A clean breakout and close above it could trigger momentum toward $0.99, the upper boundary of the triangle pattern.
Setup:
Entry: $0.60–$0.64
Targets: $0.87 / $0.99
Stop Loss: Below $0.57
Momentum indicators show early signs of strength. Holding the ascending trendline keeps the bullish bias intact — breakout confirmation above $0.87 could open the next leg up.
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