SRX 0.00% 17.5¢ sierra rutile holdings limited

oversold?, page-13

  1. 9,866 Posts.
    Yes AOO was a bit dissappointing today i thought. Oh well....

    In regard to SRx, i noticed the depth and buyers started to build this arvo. To me there is a seller in the market, but buyers really started to step up to him late today. Lets hope we can open above 3.50 tommorrow, if so it should provide a solid platform. Also, if the seller was to stop we'd see a quick run back towards four. If you watched the action today you would have seen that he is about the only seller in there at the moment.

    I think the depth should look pretty good come tomorrow morning. Also a decent sized cross trade late today two, 30,000 shares to be exact. Sometimes a sign that the selling may be finishing, or getting to near an end.

    Your thoughts?
 
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