SPR 1.22% 83.0¢ spartan resources limited

Another back test of key (orange) SUPPORT @ 49.5c......and the...

  1. 4,731 Posts.
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    Another back test of key (orange) SUPPORT @ 49.5c......and the CLOSING price respected same.

    Previous breaks above the ORANGE horizontal resistance levels have resulted in a relatively rapid rise to the next YELLOW resistance level......and a period of consolidation around that level.

    Expect this repeating pattern to continue.

    Cheers......and keeping in mind, when key horizontal support/resistance levels are being tested, the closing price is the one that matters.

    spr_ax10sep20_to_16oct24.png
 
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82.5¢ 83.5¢ 82.0¢ $3.833M 4.639M

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83.0¢ 194554 5
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Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
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