SAS 0.00% 1.6¢ sky and space company ltd

Ann: Major Global Milestone Achieved for 3 Diamonds and SAS, page-98

  1. 5,398 Posts.
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    The 19.5/20c support has been as consistent as the 4/4.1c and 8.3c supports were on the way up. Unless something goes seriously wrong in the next few weeks, I can't see it breaching support now.

    If I've got the gist of fibonacci right, the next support should be around 32c. Feel free to comment or correct me:2c>4c>8c>16c>32c. The current 20c is the 16c step plus a premium, so the 32c step could be 35-40c if the enthusiasm is maintained and peofit taking is subdued. The likelihood of TO offers or insto's buying in large numbers will be much higher after testing.

    Any more qualified opinions appreciated..
 
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