SEN 8.33% 2.2¢ senetas corporation limited

are we there yet?, page-23

  1. 25 Posts.
    re: are we there yet?..nickos Hadn't looked at SEN posts for a while. Looks as though all the optimists from way back have sold out and have been replaced by another bunch of diehard optimists.

    If you were holding SEN mid December 2005, the sensible thing would have been to sell. It wasn't going to get that good for while.

    Since then there have been two further tops, mid january and early this month.

    Last week an obvious descending triangle formed, and the breakout occurred last Thursday with the breach of what seemed a very strong support at around 65c.

    The good news is that volume is declining. The bad news is that the next strong support is at 50c and then at 35c.

    I'm sure it will shoot back up one day, on announcement. Until then, drifitng is the best holders can hope for.
 
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