SRX 4.00% 13.0¢ sierra rutile holdings limited

chartists please, page-2

  1. 7,809 Posts.
    Still at the extreme low range of the 2-3 year uptrend channel, imo .
    Mid to high $4's first then crack the mid $5's if the trend drifts along as it has done for years .
    But if the management get the ear of an international insto, then I reckon $7-$8 would be possible and goodbye $4 and $5 forever .

    Continued chook feeding sellers still determined to keep it down lately either by agenda, need or disregard . I am accumulating small amounts now and again to add to the mid to long term stash .

    The uptrend was only broken briefly by broad credit correction and legal nerves . If it can travel up for three years with a major legal burden hanging over it, then it should be able to accelerate up now that is won and costs / damages are to be paid .

    Anyway that is my opinion only .


 
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