Couldn’t agree more, because as you said his TA and charts were sound and following TA guidelines!
it was totally possible to paint a much more bearish picture, like going into mentioning the possibility of an as yet unconfirmed bearish double top at 12.5c.
However with the still expected results and upgraded MRE, I feel the possibility unlikely to play out.
I was surprised and disappointed to see the latest results to be sold into and assume the IMO much improved MRE will make up for it in expectations and actual release, however there could be another sell the fact event on the cards too. Luckily we are awaiting more drill results from the other project, so the selling could be limited.
Depending on timing though there could be another boost to SP in between times. Personally I hope this will be the case!
New TA/Charting, page-208
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Last
$1.12 |
Change
0.000(0.00%) |
Mkt cap ! $2.715B | |||
| Open | High | Low | Value | Volume |
| $1.12 | $1.15 | $1.11 | $6.437M | 5.716M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 110090 | $1.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.13 | 7995 | 1 |
View Market Depth
| Last trade - 16.10pm 26/04/2024 (20 minute delay) ? |
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Last
$1.12 |
Change
0.000 ( 0.69 %) |
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| Open | High | Low | Volume | ||
| $1.13 | $1.15 | $1.11 | 1451015 | ||
| Last updated 15.59pm 26/04/2024 ? | |||||
| LTR (ASX) Chart |