SOT 1.21% $1.63 sp telemedia limited

turnaround turnaround again, page-11

  1. 2,922 Posts.
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    re: stepping up to the plate... For me it would have to break $1.21 over a 4-6 week period before I bought in.
    The biggest danger is another dead cat bounce, so potential investors will watch closely for a confirming buy signal.
    If it did hit around the $1.20 mark I would expect it to shoot past $1.40 before sliding back into a steady trend.
    Still too early to call, but it did look oversold on the trendline, which is why it attracted some attention.

 
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