SCL 1.05% 48.0¢ schrole group ltd

Hey @LD99. I agree with you, but not because of the BB. If...

  1. 172 Posts.
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    Hey @LD99. I agree with you, but not because of the BB. If anything the BBs are not looking great apart from the fact that the SP is nearer the bottom. Both top and bottom bands are trending downwards, which shows that the opportunity to easily head up to 2.7c is diminishing. But it's not all bad news. RSI and OBV are looking good and the three dragon fly dojis indicates that the SP is soon to head north. Taking other indicators into consideration, subject to announcements and the general daily market sentiment, we could see a rise by the end of the week. Check out MACD.
    This is all my own opinion and it shouldn't be taken as advice. I cannot foresee the future and I'm no expert.
    https://hotcopper.com.au/data/attachments/2467/2467757-255cfcc78bd58f839bfd06838e561a11.jpg
 
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