Up 6.7% on a day that has red splashed everywhere is a fantastic result. The reversal is a massive one and has been consumated on volume of 3m+ shares - so it's gonna be noticed.
We have a long way to go to where it should be, but a journey of a thousand miles has to start somewhere!!
$0.57/0.58 should be the next resistance level. To push through this level we need something other than just a change in sentiment - i.e. we need a catalyst such as positive production no.s or some exploration results.
Easter is going to be a lot better following the price performance today of SAR.
Happy Easter all!!
SAR Price at posting:
54.0¢ Sentiment: Buy Disclosure: Held