S2R starting to look good after closing at all time lows since listing on the 10th Dec 24 and again on the 05th March 25....
The attached post had a potential DB with the 2nd low at 0.062c on the 07th Feb well within the 2% rule...
However we again went down recently and strongly tested the lows of 0.061c from the 28th Feb to the 05th March 25...
A true DB tests and tests the 2nd low as S2R has done and bounces strongly off those lows....
Volume increasing since the 28th Jan down to the 2nd low and has been maintained with the bounce off those lows...
Very hard to get exited about 10th of a cent pip trades and closing today only10% off our all time ever lows of 0.061c
However this is setting up nicely for a very strong reversal and IMO a DB is one of the strongest reversal patterns...
Confirmation the the chart pattern is in play will be a strong break with volume of the 0.083c neckline....
That will give a technical target of 0.105c.....
S2R has strong management with a vast portfolio of strong potential company maker exploration opportunities...
notice the break above the downward trend line and the rise above the 9EMA and 18 EMA...
So IMO the bottom is in and watch those technical traders play with this once that 0.083c line is broken...GL
Chart below showing a perfect potential DB in play......
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S2R
s2 resources ltd
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6.4¢

S2R starting to look good after closing at all time lows since...
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Last
6.4¢ |
Change
-0.003(4.48%) |
Mkt cap ! $31.99M |
Open | High | Low | Value | Volume |
6.5¢ | 6.5¢ | 6.4¢ | $43.98K | 685.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 145938 | 6.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.7¢ | 99921 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 145938 | 0.064 |
1 | 5000 | 0.063 |
3 | 415217 | 0.062 |
2 | 245000 | 0.061 |
3 | 286583 | 0.060 |
Price($) | Vol. | No. |
---|---|---|
0.067 | 99921 | 4 |
0.069 | 35533 | 1 |
0.070 | 71428 | 1 |
0.072 | 20000 | 1 |
0.073 | 2634549 | 2 |
Last trade - 14.52pm 29/07/2025 (20 minute delay) ? |
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S2R (ASX) Chart |