SPL 0.00% 10.5¢ starpharma holdings limited

Who is lending out stock and why, page-7

  1. 4,439 Posts.
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    I tend to agree with Winston re sitting this out for a while. We had to expect the manipulation. Some may be generated on forums like HC, but I would guess that the interested institutions have a much longer bigger canvas and work to a greater time frame for spl.

    Looking at the longer term sp movement then suggests to me that we have entered a period of sideways movement and at very low relative volumes. Stochastics indicate an over-sold position and 65cents is the new barrier. Personally I see these current prices as the lows that will form a tail to the next positive moves that will successfully challenge 65cents.

    Then the charts will indicate (on a monthly basis) a reversal is underway. Shorting is given on any downward trend like the last few years. That shorting as spl trades sideways is less likely to be as successful on low volumes and so this activity attached to the recent CR will fade. Look to see the monthly trends I reckon and wait as we receive income and announcements over the next few months at least.

    If it helps look at the bollinger bands as well
 
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