It's a good thing the order book is ok, or it was at the last look, because it seems to be treading water just now. The moving average has flattened on the retrace from about 68 to 62, but the sp is showing a little upturn and the RSI has crept above the 50. The chart shows a recurring pattern of moving from top to bottom between the Bolinger Bands last year but this year it has tended to stay above the average line except for the retrace recently. It could be about to resume that fluctuating pattern, possibly sending us above 70 in stages. Holders might find an acceptable exit price coming up unless they have a longer view on this one as I have.
SRG Price at posting:
64.0¢ Sentiment: Hold Disclosure: Held
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