SPX 10.0% 1.1¢ spenda limited

now that 10 is broken with a high volume sell off I believe we...

  1. 923 Posts.
    lightbulb Created with Sketch. 583
    now that 10 is broken with a high volume sell off I believe we will see at least 8.6c hit over the next few days. Still waiting for the 6.9c gap to close on the oppies. This is playing out like the majority of cap raises. Long term holders shouldn’t worry, this is a healthy retrace and wants to back test previous resistance points. Day traders and ST holders were always going to get burnt here buying on the parabolic move up but come back in a months time and let’s see what the Downrampers have to say on the SP. I personally have an order in that I’m hoping will get hit on the oppies, fundamentals haven’t changed. BPA/BPSP service fully online within a week or two, independent valuation and merger completion, new IP acquisitions all within the space of the next month or so. Good time for LTs to top up imo
 
watchlist Created with Sketch. Add SPX (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.