SBN 0.00% 0.0¢ sun biomedical limited

resistance

  1. 3,262 Posts.
    SBN has finally met some resistance, but at a price that has been stumbling block for sometime in 4.7 cents.

    That said its still positioned perfectly for some more accumulation and profit taking from 2 cent entries between 4 and 4.5 cents before its next rise again.

    Personally i expect it to stay here withdownside at 3.8 cents for a few days before another significant rally which will be announcement driven.

    The rise has been justified and anticipated, but you got to let the profit takers take their profits.

 
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Currently unlisted public company.

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