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9.5¢ strandline resources limited

'If 9 is hit then danger as the inside day low is broken and it...

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BagsOBucks

4,340 Posts.

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16/10/23

13:13

Post #: 70366332
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Originally posted by BagsOBucks: ↑

So as expected couldn't crack 10.5 but only back to .095 for inside day yesterday for reentry 9.1...

Up this morning but no sales 10.5 so 10 was it for another cent in the kitty...

Down wave now to 9.1 where back in as some of the buyers @ 10 exit...
If 9 is hit then danger as the inside day low is broken and it may go back into the 8's and even test the current 8.4 low...

5y chart shows the 10 level with 2 earlier dips below before the runup to 55...

The second dip was lower so will that trend continue... 8.4 the key as is the current low...

I note the orders in the MD are bouncing around so bots are the main players IMO...

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'If 9 is hit then danger as the inside day low is broken and it may go back into the 8's and even test the current 8.4 low'...

This has now played out as 8.3 hit as post and lower is now in play...would reenter low 7's if that's indeed the case for another potential trade...

STA Price at posting: 8.3¢ Sentiment: None Disclosure: Not Held
1 Upvote

0 Great analysis

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