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SPQ still following this main channel - the real channel is...

  1. LaddsTrades
    162 Posts.
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    06/05/22
    11:22
    Post #: 61247813
    SPQ still following this main channel - the real channel is around 4.8 but more lenient with a 5.4 top running further back to where it was trading higher after the initial spike, the two clear circles are when it has broken through support indicating it has bounced each time its passed support indicating that the bottom of the channel is strong.

    5c short term is possible.. on news it gaps up - 10c mid term is goal once it breaks 4.8 it's blue skies IMO.

    https://hotcopper.com.au/data/attachments/4321/4321188-dd7c3d2060a41d2657c951fdb3e0ccfe.jpg
    SPQ Price at posting: 4.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 7  Great analysis
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