SBM 2.38% 21.5¢ st barbara limited

its all about gold, page-10

  1. 651 Posts.
    paladin,
    Totally agree that downward trend has been well and truly broken.

    Only up from here for those who are patient. However, I am trying to tweek a quick sell and rebuy or simply buy more and am thinking it will retrace a little despite todays strong effort.

    Closed with a doji candlestick which is a top reversal (but didn't gap up to achieve it, unfortunately) and the sto is in oversold territory. If the doji fails on open tomorrow it will be a star!

    Would like to see the big gap (43.5 to 55) closed.

    Historically SBM can move for months without much of a break (aug - nov 07). Let us hope this is another one of those times.
 
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