Spacetalk WebTraffic Analysis - SEMrush, page-39

G'day guys.

Fair bit has happened since my last post in May so thought I'd throw in an update.

Good news is that the SP has seemed to have bottomed (for the moment) and now the sideways dance (indecision) takes over. I see on the chart there's been a few announcements with the market not really thinking much of the Business update in July. (always a bit of a worry and a challenge for management)

So currently the SP is flatlining with indicators doing the same. Biggest concern I see to this is the severe lack of volume. It does look like that big fall late July flushed out disgruntled holders reaching the very lows. You don't want to see high 4's again or things could get drastic from there. Obviously stating the obvious there. C'mon management, pull your finger out.

Cheers


Go Cats!