SXP sapex limited

price action

  1. 1,269 Posts.
    really impressed with the price action in SXP, thought we might have seen a dip back to mid 30's but the price has held up very well in the face of some bigger sellers stacking the depth. i first suspected that the sellers were trying to cap the price to accumulate, but now i'm not entirely sure as they havent been moving around a hell of a lot and buyers have been slowly nibbling them away. Nice vol today and a green candle, with LNC coming off it's highs maybe the punters will push this for a bit? who knows but I'm holding both of them tightly.

    peace
 
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Currently unlisted public company.

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