SBR 0.00% 1.4¢ sabre resources limited

Good to have you back mate. Missed your ' Upramping '..........

  1. 12,830 Posts.
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    Good to have you back mate. Missed your ' Upramping '.......biggrin.png Seriously kidding pal - your ' in depth ' contributions and insights are always appreciated.

    Numbers don't often lie - and this is one of the reason's we tend to err towards charting the historical in the hopes to extrapolate a more forward ' repeating ' cycle of price points.

    I therefore tend to think and watch what volumes are being added at the margins and then measuring the difference. And of course when you do this on both sides you often see the trends unfolding in the ' Fibonacci ' type offsetting groupings.

    https://hotcopper.com.au/data/attachments/2662/2662752-640c142c9221e3d0028788bb7ba738ed.jpg

    So you can extrapolate any number of thesis's or trading strategies from this set up. However, one should note that apart from the 67 million traded last week at the ' margin ' , the SELL side set up has more or less remained intact throughout , and before this spike.

    This would indicate that most of the SELL side structure is formulated by those wishing to obtain higher levels due to prior engagement and are NOT willing to sell down under most circumstances. On the flip side we have BUYERS lining up in the attempts to BOTH accumulate their Buy-ins at prices equivalent

    Now this ' snapshot ' was taken about an hour ago or 6:30 am so is more or less how the market finished yesterday. Note that the 10 million single ' manipulating order has now dropped out at 1.0 cents and moved down to the .008 price point. This has been done to obviously try and make it look weaker. However, at the same time , there has been around 6 million which was also dropped from the SELL side ( and not moved up ) - most likely because they were ' Fake ' orders to begin with and do not want to get caught short having to buy back stock they are not prepared to sell in the first place or that they have decided NOT to sell due to the fear of it running up again.

    The bottom line is that this is an all to familiar pattern of stocks which tend to trend to the upside ahead of a continued run , and the mere fact that there is this distinct pattern tells you there is also a distinct underlying accumulation strategy playing out with the ' overriding ' and more powerful numbers of those who are comprising it........sneaky.png
 
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Last
1.4¢
Change
0.000(0.00%)
Mkt cap ! $5.501M
Open High Low Value Volume
1.4¢ 1.4¢ 1.4¢ $1.33K 95K

Buyers (Bids)

No. Vol. Price($)
2 258217 1.4¢
 

Sellers (Offers)

Price($) Vol. No.
1.5¢ 212500 1
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Last trade - 13.00pm 30/07/2024 (20 minute delay) ?
SBR (ASX) Chart
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