There's the 1.12 So that's now accurately priced but with nowhere else to go until market conditions improve further (could take a while)
Now the nervous wait
1.235 is the next resistance but I don't think it has the legs to make it before a pullback of some sort (4th Oct is dividend payment date so they can try keep it up as high as possible until then at least to make shareholders overpay for the stock) 1.065 can try to be used as support but I doubt it holds (depends on sellers) 0.92 is still the last tested support level
But if this is a repeat of 2020/21 market conditions then every market pullback (no matter how deep) will be followed by accelerating gains & new highs (once they get rid of the day traders)
Long term target is well above 1.40 now Depending on dividend upgrades, I could see $2+ That's all speculation & we need to start seeing improved reports & /or market conditions to start paying these prices
SRG Price at posting:
$1.11 Sentiment: None Disclosure: Held
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