Since you were the last to post on the Chart thread....
"We have a gap now..."
On the daily.
Here's the 18th-month weekly.
I like pretty pictures. This one is worth a thousand words. Doubt there's a better goldie chart on the ASX. If there is, I'd like to see it...
The (green) 50EMA bottomed in May-June '23 and crossed the (orange) 100EMA in Dec '23, and is now trending strongly up.
The 100EMA bottomed August '23 and is now trending strongly up.
The (red) 200EMA just bottomed in May this year and has just started curving up. The 200 is now a magnet for both the 50/100. This would ordinarily take a few weeks or more to play out, but with the right announcement(s) the cross could happen quite quickly with an explosive move. IMO it will depend on when we have some (further) confirmation of RMS's intentions, and at what price?
Not a TA expert by any stretch of the imagination, but from a low of 9.6 cents to a high of $1.00 in 18 months is a beautiful thing to behold.
SPR Price at posting:
94.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)