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48.0¢ schrole group ltd

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Plimsoll

5,659 Posts.

320

09/12/19

20:54

Post #: 41877906
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Originally posted by tnicholl: ↑

Strange... I think nervous nellies possibly selling out with fear of a CR?? My only logical explanation (not saying it wont happen either, but given it's not really needed you would think it would be for something specific? IE acq or funds to expand into other continents?) :

TA doesnt look great, 1 more red day and the EMA Cross (9 day and 26 day EMA) will cross over to a DT (although sometimes it only lasts a few days). Given the EMAs are so close (EG 50EMA is 1.95c and 9EMA is 2.13c), I dont think many would be selling for a profit, unless they are escrow shares??):

9EMA = red line
26EMA = Green line

Gap now left at 2c-2.1c:

Expand

you've got that right , red here now and gritting my teeth, was an ordinary in Speccyland everywhere today, tomorrow is another day.

SCL Price at posting: 1.9¢ Sentiment: Buy Disclosure: Held
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