SBM 16.1% 23.5¢ st barbara limited

@W3hunterthey did a capital return around then from memory -...

  1. 537 Posts.
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    @W3hunter

    they did a capital return around then from memory - sold their old Leonora mine in the Pilbara.

    My daily chart is very circumspect - although P has been very strong ( and lets face it market only valuing their cash in MC), all my KPI's are negative, although Jim Berg's profit taker says buy on recent momentum.

    MA's still upside down

    RSI - didn't drop far enough on recent sell signal

    MACD - coming good, but not yet

    CMF - negative

    https://hotcopper.com.au/data/attachments/6166/6166845-3a0436eac54de406fa7557d0119feecd.jpg
    So you'd be out in front of the herd in my book....but you cant argue with momentum

    I'm wary here, always get my SBM entries waay wrong...

    Wazz
 
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