SOR 2.38% 4.3¢ strategic elements limited

Serious Technical & Fundamental discussion only, page-725

  1. 213 Posts.
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    Yeah, I think so. It sky rocketed to near $1 in January then declined to its lower support around 22c, through to July. It had a descent rebound after this to a double touch of 40c in august / September then a drop again to a double bottom recently at .255 and .26.

    but this recent testing of the support of .255 and .26 is on fairly low volume. Which I think means that alot of people are expecting news, but the company is being pretty tight lipped about it and no leaks. Alot of people waiting, not selling but also not buying.

    I think the price has dropped through manipulation. Everytime it rallies a little, some big sell orders come in and block it from going up. I think here a lot of real buyers at 0.26, but not alot above that. Someone puts a sell order in just above it and probably calculates the risk that someone will take it out ad being low. Therefore we get some smaller true orders going through at .26 and whoever is running it is soaking them up.

    But this is just my thoughts. Could see it rally of new leaks of further advancements or contracts...
 
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