EQR 7.87% 4.8¢ eq resources limited

technical analysis

  1. 2,808 Posts.
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    8 cents reached. IMO, this is a significant resistance level as it was previously a strong support level for quite some time in the past.

    If we break 8 cents on convincing volume, there is little resistance until at least 12 cents. Can't post a chart as I'm on my ipad so hopefully someone else can do it.

    Looking good and will be continuing to accumulate on any weakness which is a possibility as the share price has already risen nearly a 100% in such a short time. Hardly any share ever goes up continuously without any pullbacks. Happy to be proven wrong though :)

 
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