In between football games I've been doing my TA of SRI. With the SPP finished, selling pressure should begin abating. From its high last October SRI has bounced around a channel between support just above 8 cents and resistance at 12 cents. This is the same on both daily and weekly charts. Interestingly one could argue that a long term uptrend from it low last May remains intact. In my view the 12c resistance and a smaller one at 13 could well be breached prior to any results, after that lots of potential blue sky. As I have a decent slab of capital in this one I intend protect it with a trailing stop and take some profit along the way. I?ll be relying on TA much more to avoid selling too early or getting stopped out unnecessarily (John345 mentioned the risk of selling too early)
For newbies heres why I see the blue sky
http://asx.com.au/asxpdf/20100406/pdf/31pmnk462rt8lj.pdf
RSI(14) currently 44
Anyway, here?s a couple of charts for interest or comment.(Daily and weekly)
![]()
Cheers
Oscar
All IMO DYOR
- Forums
- ASX - By Stock
- SRI
- blue sky sri
blue sky sri
-
- There are more pages in this discussion • 34 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SRI (ASX) to my watchlist
|
|||||
Last
1.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.422M |
Open | High | Low | Value | Volume |
1.5¢ | 1.5¢ | 1.5¢ | $1.445K | 96.35K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 825785 | 1.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.8¢ | 52629 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 825785 | 0.014 |
2 | 299984 | 0.013 |
3 | 333240 | 0.012 |
2 | 399995 | 0.010 |
3 | 282500 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.018 | 52629 | 1 |
0.019 | 124643 | 2 |
0.020 | 75063 | 2 |
0.021 | 193311 | 2 |
0.022 | 42431 | 2 |
Last trade - 10.48am 30/08/2024 (20 minute delay) ? |
Featured News
SRI (ASX) Chart |
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online