SPR 1.18% $1.29 spartan resources limited

Chart, page-152

  1. 4,771 Posts.
    lightbulb Created with Sketch. 6128
    Another back test of key (orange) SUPPORT @ 49.5c......and the CLOSING price respected same.

    Previous breaks above the ORANGE horizontal resistance levels have resulted in a relatively rapid rise to the next YELLOW resistance level......and a period of consolidation around that level.

    Expect this repeating pattern to continue.

    Cheers......and keeping in mind, when key horizontal support/resistance levels are being tested, the closing price is the one that matters.

    spr_ax10sep20_to_16oct24.png
 
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