SPL starpharma holdings limited

A full blown bull run........??????

  1. 13,192 Posts.
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    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

    • 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.
    2. Bullish but Choppy

    • 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.
    3. Reversal / False Breakout

    • 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.
    Key Technical Factors for Tomorrow

    • 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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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
Last trade - 16.10pm 04/09/2025 (20 minute delay) ?
SPL (ASX) Chart
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