SPQ 16.7% 0.7¢ superior resources limited

SPQ Chart, page-37

  1. 5,776 Posts.
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    Up on no volume means holders are in control, not the buyer.

    Today 856k traded, for plus 0.1.

    If a buyer wanted 1m shares, I hold alot more than that.

    They would need to pay upto 4c, that is naturally if the holder does not put any more up for sale.

    Generally up on tight, means when volume opens up, a jump maybe imminent.

    I note today a 800k qty day order at 7.5c. That was removed on the flush after trade.

    Does not mean 7.5c is the mark, but 800k is a reasonable qty and the holder wanted that.

    1 week indicators have Spq steady, but 1 month indicators have it as a buy. 5 days ago, 1 month indicators were a steady.

    If spq goes up, targets are 5.1c, then 6.5c, then 9.9c.

    No comment on personal targets, the above are technical.

    I do feel when spq under 3c, it was oversold. We also need to note the recent cr was at 3.8c.
    Last edited by mode1971: 26/05/22
 
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(20min delay)
Last
0.7¢
Change
0.001(16.7%)
Mkt cap ! $15.18M
Open High Low Value Volume
0.7¢ 0.7¢ 0.7¢ $8.181K 1.171M

Buyers (Bids)

No. Vol. Price($)
16 8320627 0.6¢
 

Sellers (Offers)

Price($) Vol. No.
0.7¢ 4319932 6
View Market Depth
Last trade - 14.27pm 13/11/2024 (20 minute delay) ?
SPQ (ASX) Chart
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