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48.0¢ schrole group ltd

Would be nice to see this move up to 2.8 quietly then we get the...

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362 Posts.

9

27/12/19

16:33

Post #: 42141530
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Originally posted by Plimsoll: ↑

TA describes the practice of Technical Analysis. Which in short means assessing current and historical share prices, as well as volume of shares traded, and estimating a short term or near term price target. It's all about probability of the direction of the SP. FA has n the other hand, is fundamental analysis, which looks at the underlying strengths of the company to increase shareholder value and the Share Price.

Some traders think TA is no different from studying the entrails of chickens on dark and stormy nights, but taken with strong FA, ( which SCL possesses) a certain inevitability does seem to take shape with the pattern share price Movement. .028 seems infinitely reasonable to me , now we seem to have escaped the doldrums of the .018s. However, it's also quite true that some catalyst is often required to make the bullish TA "happen" . In our case , SCL trading towards an expected strong December quarterly report will be helpful.

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Would be nice to see this move up to 2.8 quietly then we get the results we all want could easily be 4 cents on the near future imo

SCL Price at posting: 2.3¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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