SRX 0.00% 17.5¢ sierra rutile holdings limited

Cafa, ST and medium resistance do not matter so much in T/A...

  1. 35,459 Posts.
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    Cafa, ST and medium resistance do not matter so much in T/A after such a fall and when the Chaikin Oscillator is so far down on what it used to be.

    Latency of SP needs more weight and the time series to be extended back b4 the immediate resistance IMHO. So I still think there is a way to go in SP.

    But volume and the Chaikin do not look fabulous, I will concede that 2 u. I still think it is a $30 stock mispriced down to $16,75 and I am sticking with that. The managerial decrement or GRC decrement of $13,25 is ridiculous for the ASX. I mean what GRC decrement do u give 2 CBA at $80 in spite of money laundering violations? A small discount? Funny if it was not so serious.

    SRX is IMHO worth about $1.88BN AUD, BTG looks fabulous value as well but beyond it, Bayer, Amgen and Teva look like a bunch of snails discovered at a Sunday school picnic IMHO but pls DYOR.
    Last edited by JCoure: 03/01/18
 
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