Black ... if, as the company says, there are no changes to fundamentals, then my personal opinion is that a change in fortune will happen over the next day or two, and it'll be equally radical, because when this moves, it moves very quickly, as we've seen in the past.
I bought at .37, then at .305, largely because the Coppock indicator has never been so low on SBM as it is now, and it's now turned up. Added to which today the Twiggs and the MACD also turned up, indicating that there is serious accumulation going on.
I personally think there has been a lot of stressed selling that blew off today, and will dry up quite rapidly around this .30 level.
Next stop is .40 resistance.
down 10 percent and no posts, page-40
-
- There are more pages in this discussion • 26 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SBM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
46.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $376.4M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 4200 | 46.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.0¢ | 5667 | 2 |
View Market Depth
| Last trade - 16.17pm 04/11/2024 (20 minute delay) ? |
| SBM (ASX) Chart |
Day chart unavailable