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Hi p-r......13.5c. is a key , horizontal SUPPORT level, and the...

  1. Saragian
    4,825 Posts.
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    25/08/23
    17:30
    Post #: 69555538
    Hi p-r......13.5c. is a key , horizontal SUPPORT level, and the extrapolated upper lr trend line is the all important HISTORICAL, RESISTANCE line....the vertex of the two is around 04/2024.

    It is worth noting, the 2 previous upward break outs above THAT resistance line resulted in considerable upside.......and 2 new ATHs.

    Further downside ??.....consistent closes below 13.5c., and the next key, technical support level is @ 4c.

    Cheers.

    spl_ax24jun00_to_08mar29.png
    SPL Price at posting: 14.0¢ Sentiment: None Disclosure: Not Held
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