The closing price reached 0.145 for the third time since...

The closing price reached 0.145 for the third time since November:


The last time it fell to this price, it returned to the previous resistance level (0.175) a week later - but the volumes were higher back then, making the bounce easier to achieve.

Hard to know if today’s sales (all 2 of them) were someone wanting a quick sale for a new swing trade (maybe for one of the banking stocks, ahead of the Royal Commission's findings?)

For the optimists, go back another year (November 2017) and remember what happened when Spirit was 0.145 back then:


But if memory serves correctly, people’s spirits (!) were a lot higher with ST1 back then.