G'day,
I've been studying things and am finding todays trade very difficult to work out.
SLT is on such a strong upward momentum, I cannot understand that it could close down today.
My conclusion is that yesterday's big buyer was vry conspicuous by his absence today, and some well timed small sell downs kept the small traders away.
In short, I am sure today was manipulated by a consolidator ( and that is not something I say lightly )
However, I would be flabergasted if price can be kept down tommorrow.
Technically, 65 is 38% retrace of the run from 55 to 67. holding this is still extremely positive.
I wouldn't be worried by any of this.
BTW - Some interesting action on PBI later in the day.
Through 44 very soon.
All the best
- Forums
- ASX - By Stock
- SLT
- i was wrong!
i was wrong!
-
- There are more pages in this discussion • 39 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SLT (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
HAR
HARANGA RESOURCES LIMITED.
Peter Batten, MD
Peter Batten
MD
Previous Video
Next Video
SPONSORED BY The Market Online