one man’s meat is another’s poison! Let’s see how this plays...

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jphg

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19/02/24

20:20

Post #: 72489905
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Originally posted by Cheeky-Charm: ↑

Speaking of Charts... Would love to see your update @Cabbie Here is mine with notes scribbled

They have sold it multiple times from 30c down to 15c levels in the past

Stock had to GAP DOWN severe killing every support zone to prove how much supply there is.

Downsides I had at 25c realistically thanks to HSBC setting the short term price along with Insiders hedging and or shorting the stock themselves also.

Evidently, these are just reasonable targets because MAX DOWNSIDE is still pointing at 15c. Weekly Downtrend Breach will confirm this as not if but just WHEN.

There has never been a greater sell signal/confirmation IMO

SENTIMENT: STRONG SELL

In regards to this, price, candles, patterns and volumes are always precursors and many times information that comes out much later is actually all EVIDENT before hand, in the price of prints, the pattern, the volume etc etc . Its all plan and probability based. Never "we know" we just know whats highly likely if A happens then B is likely.

P.S Medium Term trends and longer can all be seen now on WEEKLY and Monthly charts. I have attached weekly and May as well upload the monthly

Monthly Chart

Sorry for killing my clean chart with Yellow Circles. Some folks just need it clearly pointed out Longer the time frames the more confirmation we have seen the TOP of the stock and much further downside will be seen. Ie a broken stock, no longer in play and one that is on the backside

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one man’s meat is another’s poison! Let’s see how this plays out, you seem confident in your position I hope you will illustrate how much you make or lose when all is said and down… WE WILL WANT TO SEE PROOF no more fancy charts and rhetoric

Last edited by jphg: 19/02/24

STX Price at posting: 29.0¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

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