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9.4¢ starpharma holdings limited

SPL chart, page-12

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Lies&damnlies

3,029 Posts.

2178

18/12/20

15:02

Post #: 49685626
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Originally posted by Lies&damnlies: ↑

Hi folks

Early in the week I posted this

" Short term A wave (7 Dec) 1.255 to (10 Dec) 1.53 . Followed by a B wave (10 Dec) 1.53 to (11 Dec) 1.40 which was about a 46% retrace.

So these C wave extension targets I am proposing are a litmus test to see if the Viraleze announcement caused a change in perception of SPL.

C wave extensions Ext 23.6% = 1.595 , Ext 38.2% = 1.635 and Ext 50% = 1.665

So over the next week or so, if we manage to get up to the 1.60 - 1.64 range, then I will perceive that something has changed and will have more hope for the immediate future."

Currently the SP is encountering the first resistance level 1.495, The next resistance is at 1.53 the recent high.

I suspect that we will not close todays action above 1.495, we may retrace a bit before the close. However, the next weeks trading before Christmas will be interesting time for my litmus test.

Here's hoping.

Cheers Lies

Expand

Hi Folks

Just breached the first resistance point at 1.495.

Litmus test for the Viraleze announcement effect on SPL, just turn from negative to neutral.

Second resistance level is at 1.53. Don't think today but maybe next week.

cheers Lies

SPL Price at posting: $1.53 Sentiment: Buy Disclosure: Held
2 Upvote

2 Great analysis

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(20min delay)
Last 9.4¢		Change -0.003(3.09%)		Mkt cap ! $38.76M

Open	High	Low	Value	Volume
9.5¢	9.5¢	9.3¢	$61.17K	645.0K

Buyers (Bids)

No.	Vol.	Price($)
1	1921	9.4¢

Sellers (Offers)

Price($)	Vol.	No.
9.7¢	49947	1

View Market Depth

No.	Vol.	Price($)
1	1921	0.094
3	248507	0.093
1	5000	0.092
1	50000	0.090
1	200000	0.088

Price($)	Vol.	No.
0.097	49947	1
0.098	65000	1
0.099	8000	1
0.100	111205	3
0.105	66531	4

Last trade - 16.10pm 30/07/2024 (20 minute delay)

SPL (ASX) Chart

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