Four days down this week so far, but volume isn't too heavy. Price is really at an area where it should hold here if you ask me. If it falls below $0.080 (the low in July) it wouldn't look so good, at least for a while.
So for me this is a buying area, but it needs to turn now. I will be adding if it can reclaim $0.095. I will add more if it gets to $0.125. I don't mind buying strength and strong break-outs. I'm not a value investor ...I have nothing against value investors, but I just trade off the charts, and to me STK has formed a massive 20 year base, has broken up (in October last year) and since then has been in a nice sideways consolidation pattern. But it needs to hold here. I'm hopefully, as it does seem it's just one big seller needing to get out, rather than a meaningful sell-off?
7-year chart of STK:
STK Price at posting:
9.0¢ Sentiment: Buy Disclosure: Held
