SER 5.00% 2.1¢ strategic energy resources limited

I think it will head back towards 3c as news draws nearer to...

  1. 972 Posts.
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    I think it will head back towards 3c as news draws nearer to setup for the breakout above the last high of 3.5c prior to any results.

    People selling here is right in to support and not a good place to be locking in profits IMO.

    The large singular sells yesterday I'm going to assume came from a large holder that participated in the CR or traders like myself that spotted the 0.786 retrace back in to the gap that was left behind when it ran to 3.5c. They are well and truly up over double their investment so I can understand that they led the way dumping after the peak yesterday to derisk their holdings. I feel they have already made their move and now retail has come in too late yet again to take profits, it's in a buy zone, not a sell zone IMO.
 
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