SWM 0.00% 15.0¢ seven west media limited

Ann: SWM Acquisition of Prime Media, page-75

  1. 183 Posts.
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    Zoom out from the daily shenanigans and the weekly chart is looking pretty healthy with the weekly 200 ema sitting at 49c. It'll be an exciting couple of weeks if we can break the trend of the last 6 months. I think our resistance is somewhere around 58-64c which if we clear should see us move towards 70c and then fingers crossed for blue sky to the $1.00 target last hit in 2016 & 2018.

    The sky isn't falling at this point but imo if we fall below 47c then were likely heading back into the 40-46c trading range. As frustrating as it is to see the SP bounce around over the past few months I agree with most that there's still plenty of life in this and those with patience will be rewarded.
 
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