SRL 4.03% 64.5¢ sunrise energy metals limited

hi @Tradergimp can kind of see three phases on the chart the...

  1. 22,593 Posts.
    hi @Tradergimp

    can kind of see three phases on the chart

    the first is a typical secondary re accumulation just before they pump into distribution

    distribution this time begins with the big sell off bar .. note how it immediately turns south next bar

    as well those two lower highs are followed by an immediate turn south next bar ... also note the increase in volume on the secondary bar .. = supply

    atm its being held by that big down bar 3days ago .. now would expect it to have trouble getting back up into that top range .. likely will bash itself silly going sideways for a while and a bit .. the high of that bar 3days ago is an important point,... if it can take that out and successfully back test or not be troubled by it, well possibly some north bound progress can begin ... but

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Last
64.5¢
Change
0.025(4.03%)
Mkt cap ! $58.19M
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59.5¢ 68.5¢ 59.5¢ $42.88K 66.55K

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Last trade - 16.10pm 29/03/2024 (20 minute delay) ?
Last
65.0¢
  Change
0.025 ( 9.04 %)
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60.5¢ 68.5¢ 59.5¢ 17202
Last updated 15.59pm 29/03/2024 ?
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