SHJ 7.06% 91.0¢ shine justice ltd

Extremely Bullish Chart Patterns, page-22

  1. 34,353 Posts.
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    In most/common cases, bounce from the bottom is usually hard and last for few days, because the main player(s) need to lift price significantly to enable them to offload with profit.

    Today's lift is Day one, so I expect we should have good few days ahead, although I am not good at TA, to answer your question, I have a go with first resistance level, being 83 - 85c

    I'm more focusing on fundamentals with combining some behavior analysis, it's very tight registry with top 20 holds approximately around 80% - 90%; Key management personnel hold collectively 50% of the total issued shares, plus two substantial institutions hold 16.7%.
    If they wanna push share price higher, we might see $1.24

    SHJ currently still off 67% since last Friday, the collapse of share price was exaggerated by SGH, it may well recover to a optimistic level (above $1.06) for a short period of time, IMO.
 
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Last
91.0¢
Change
0.060(7.06%)
Mkt cap ! $157.6M
Open High Low Value Volume
85.0¢ 91.0¢ 85.0¢ $24.96K 29.17K

Buyers (Bids)

No. Vol. Price($)
1 10000 85.0¢
 

Sellers (Offers)

Price($) Vol. No.
91.0¢ 4680 1
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Last trade - 16.10pm 06/11/2024 (20 minute delay) ?
SHJ (ASX) Chart
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