SBB 0.00% 1.2¢ sunbridge group limited

TA opinions, page-122

  1. 2,363 Posts.
    VWAP is at 11c and growing Gas.

    More and more buyers are paying 11c+ for it.
    So trying to convince them to sell to you is a little trickier.

    Your sellers might be some impatient hands who bought slightly lower, who take a quick profit and run. Rabbits who like to chase a quick buck, than one with long legs to go much further distance.

    Or you have those with a slight loss, and also are impatient. But given that 15.5 local high, it wont be long and they will be in the money as well.

    Its a catch 22. the impatience feed into the delay of this running.
    Given the half yearly audited accounts are getting closer, its not that long to hold to see a real confidence boost.

    Odds are that traders will come back and run with that volume buzz at the time.
 
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