I see we continue to trade above the prevailing downward trendline that has been in place since 1 Mar 2011. This is key for me ... We have also recently had a higher low. The most recent low was 1.95c on the 27th Jun. On the 19th Jul we failed to break down to a new low and instead rebounded back up and shortly thereafter broke the downward trendline that had been in place since March 2011.
Will not be surprised to see this rally away soon, market conditions permitting of course.
Also, interesting to note also that the share price has held ground given a red day on the market...
Anyone else got a tech opinion?
STB Price at posting:
$2.32 Sentiment: Hold Disclosure: Held
