SP1 0.00% $1.07 southern cross payments ltd

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  1. 22,593 Posts.
    imo it is way too early to be able to say which way in the ST this will pan out .. reason being, its only had 5days under its belt.. this could easily do a reverse turn and take on the highs .,.. it could also continue with this current downward pressure and break well below 8c.. as said it is way too early and if anyone is suggesting otherwise .. well imo they are only guessing and one should check out their prior track record.. atm it has a lot of supply sitting overhead ... ie. they sold the crap out of it and likely still sitting there ... ... support can be found from here all the way down to 7-7.2c.... this is why we need more days for it to build a structure

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