Strong volume + an 18-month high + bullish technicals is a powerful combination — especially if a golden cross is close, since that often attracts more momentum traders.
If the follow-through comes tomorrow, it could confirm a sustained trend rather than just a one-day spike. If it stalls, we might just be looking at resistance getting tested before another run.
1. Bullish Continuation
2. Bullish but Choppy
- What to look for: Price opens near or above today’s close and holds gains in the first hour. Volume remains above average.
- Why it matters: Confirms that buyers from today aren’t just short-term speculators — institutions could be stepping in.
- Potential target: Next resistance zone, often found by looking at the last peak before the 18-month period. If broken cleanly, could trigger more breakout buying.
3. Reversal / False Breakout
- What to look for: Price opens flat or slightly down, dips on low volume, then recovers into the close.
- Why it matters: Healthy pullback that shakes out weak hands and sets up for further upside.
- Watch for: Higher low on the intraday chart — a sign the trend is intact.
Key Technical Factors for Tomorrow
- What to look for: Gap up on low volume followed by a strong sell-off, closing below today’s close.
- Why it matters: Could mean the breakout was driven by short-term traders, not sustainable demand.
- Risk management: If you’re trading, this is where tight stop-loss placement matters.
- Volume confirmation: If tomorrow’s volume is 1.5× the 20-day average or higher, trend strength is more credible.
- Moving averages: If the golden cross forms (50-day MA crossing above 200-day MA), some algorithms and funds will buy automatically.
- Relative Strength Index (RSI): Over 70 isn’t necessarily bad in a breakout, but above 80 can mean exhaustion is near.
- Intraday structure: Watch if the stock can maintain above today’s VWAP (volume-weighted average price).
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- A full blown bull run........??????
SPL
starpharma holdings limited
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13.0¢

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Last
13.0¢ |
Change
0.020(18.2%) |
Mkt cap ! $54.36M |
Open | High | Low | Value | Volume |
11.5¢ | 13.5¢ | 11.0¢ | $25.52K | 200.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 617923 | 13.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
13.5¢ | 108845 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 617923 | 0.130 |
2 | 56308 | 0.125 |
1 | 50000 | 0.120 |
1 | 43350 | 0.115 |
3 | 13597 | 0.110 |
Price($) | Vol. | No. |
---|---|---|
0.135 | 102840 | 6 |
0.140 | 161341 | 4 |
0.145 | 112695 | 8 |
0.150 | 175000 | 3 |
0.155 | 50000 | 1 |
Last trade - 16.10pm 04/09/2025 (20 minute delay) ? |
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TRIGG MINERALS LIMITED
Jonathan King, Chief Geologist
Jonathan King
Chief Geologist
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