After breaking out from a symmetrical triangle formation and rising almost 20% to touch resistance at its larger ascending triangle formation since last May, SBM has dropped back to touch the apex of the symmetrical triangle, clocking up nine red candles in a row...
Could be a good bounce from here to test 65c again, as long as the POG is good to us. Gold just touched it's lower resistance line then jumped last night, so could be aligning well with SBM...
Just my thoughts.
Ziro
potential buy point...
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Last
32.5¢ |
Change
-0.025(7.14%) |
Mkt cap ! $265.9M | |||
| Open | High | Low | Value | Volume |
| 33.5¢ | 34.0¢ | 31.5¢ | $8.139M | 24.99M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 1413605 | 32.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.5¢ | 359771 | 1 |
View Market Depth
| Last trade - 16.10pm 07/11/2024 (20 minute delay) ? |
| SBM (ASX) Chart |