SBM 0.00% 20.0¢ st barbara limited

Yep, it is floating around the middle ... but from my point of...

  1. 1,242 Posts.
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    Yep, it is floating around the middle ... but from my point of view (and I could be wrong, as I said) it already made a definitive 'touchdown' as I call it (where the candles touch down on the bottom band or the top band) on June 16 then the Coppock reached a bottom shortly after on june 26, and then began to turn up, and the MACD (on Incredible Charts) crossed over to the upside on July 2 ...

    So ... though historically SBM has usually needed the bottom to be a definitive downward spike to the lower bollie, I'm taking a chance, based on all the other indicators, that it's doing something different this time.

    And the buy side at .30 seems to be vindicating me .... but we'll see. Could be another massive order to come in and cream the lot in a couple of seconds ...

    As I said, it's a punt ..
 
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