This is the first major announcement of late that has held up strong at the close. We'll see what tomorrow brings, but there is clear resistance at .012 that needs to be broken through with volume and I don't think we'll get there just yet. All those calling 10 cents, i love the enthusiasm, but we are a long way from there
This announcement has at least tested that resistance again and as long as the positive announcements keep coming that line will break at some point and the SP will be off towards next resistance at .016. There's major resistance in that band between .016 and .020, but when that breaks it will be clean sailing upwards.
I am very happy to have a sizeable holding. I am not selling one share until the SP is multiples of what it is today.
SRN Price at posting:
1.1¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)