STM 10.0% 0.9¢ sunstone metals ltd

STM is obviously not TA driven - we are just waiting for the...

  1. 10,294 Posts.
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    STM is obviously not TA driven - we are just waiting for the news of the discovery hole/s.

    Nevertheless it is amazing how TA tracks the market - so I will post this chart (I keep a copy of this chart for all my holdings and prospects - to identify entries and exits) Note the two indicators %B and RSI have just moved out of oversold - having been stuck in that dreaded region for onks.

    Note too that when the two indicators move together it generally indicates a bottom - or a move up has started. Hopefully so here and MeetPi's 'plums' are doing their job.

    FA tells me we are pretty close to zero EV, which for this project and this team is absolutely bonkers.

    https://hotcopper.com.au/data/attachments/1867/1867739-8a4018fd8565de4660ba456193620def.jpg

    ps - look for the trends in the chart, but it is a bit noisey so don't be taken in by that - remember 'the trend is your friend'. DYOR.
    Last edited by JandJ: 05/12/19
 
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