Hope2, perhaps this time it is third time lucky as per the first chart below, given a stronger management team. This seems to be confirmed by charts analyzed in different timeframes within the backdrop of Weinstein analysis. The redder zones indicate a selling conclusion as in Stage 4. Stage 1 and Stage 2 are associated with accumulation and growth respectively. The Weinstein analysis is related to a concept of money flow. Also consider that at this time of year and pre-financial year closure a tax selling period based on performance things are usually quiet, yet SRZ has not experienced this. Something is brewing and this is signaled by the quarterly, monthly, weekly and daily timeframes as seen below.
All food for thought given the steady upward trend on the daily, which has reverted back to Stage 2. The weekly Weinstein Analysis is usually more reliable and it remains in Stage 2 if trading. The long term trend is positive now in both the quarterly and monthly charts for blokes like me with a core holding. I like to reduce average cost by trading the dips.
- Forums
- ASX - By Stock
- Ann: Drilling Commenced at Heemskirk Tin Project
Hope2, perhaps this time it is third time lucky as per the first...
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SRZ (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $34.31M |
Open | High | Low | Value | Volume |
1.6¢ | 1.7¢ | 1.6¢ | $20.61K | 1.286M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 1087406 | 1.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.7¢ | 349014 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 1087406 | 0.016 |
2 | 500000 | 0.015 |
6 | 2957142 | 0.014 |
3 | 1582396 | 0.013 |
3 | 1097795 | 0.012 |
Price($) | Vol. | No. |
---|---|---|
0.017 | 349014 | 5 |
0.018 | 454515 | 2 |
0.019 | 894736 | 1 |
0.020 | 1924029 | 4 |
0.021 | 400000 | 2 |
Last trade - 10.10am 03/10/2024 (20 minute delay) ? |
Featured News
SRZ (ASX) Chart |