SHH Charting, page-67

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beisha

5,702 Posts.

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26/03/22

20:56

Post #: 60444768
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Originally posted by beisha: ↑

Hi All

SHH has been rather wild, big swings all over the place, as said before, typical performance of a spec stock, but what has impressed me, is that its held its form rather well considering the MACRO fallout with Ukraine and inflation issues, clearly 1.5c is a strong support base with 2c being strong resistance, so range bound and i suspect good FA news will be required to break it to the upside....aka NBR or Rock lodge AU results in due course.

SHH on the EW wave count is main wave 3 up, sub wave 5 up.......a bullish combination which should result in the peak of wave 1 up (3.1c LHS ) potentially being surpassed multiple times over the course of time, assuming the FA impresses........of which i have no doubt.

I will be looking for a big top up once 50 fib ( 2.26 , blue wall ) is broke to the upside......little to no resistance standing in its way after that, makes for some nice price movements......... unrestrained if good news drops and goes for a run

As another poster stated, lithium Dundas, Rock Lodge gold, NBR iron ore production ......the 3 pillars that could make SHH great in 2022.

Minimum 10c + if everything unfolds positively and MACRO doesnt go to hell.

imo

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Despite all the sooks complaining about the CR, its hardly put a dent in the SP and that yellow arrow is suggesting sub wave 3 up is imminent with Heiken Ashi going green on the HOURLY chart and RSI 14 poking its neck up.

I topped up at 2c prior to the CR, yeah, it stings a bit, but i have 2m units now and only upside i see with this sleeping monster.

Any decent finds at Rock Lodge or a positive EPA on NBR and........ WHOOSHKA !!!

MACRO stable.....SHH could be green next week.

Patience will be rewarded.

imo

Last edited by beisha: 26/03/22

SHH Price at posting: 1.8¢ Sentiment: Hold Disclosure: Held
16 Upvote

2 Great analysis

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