SRL 4.20% 57.0¢ sunrise energy metals limited

Where is the bottom ???, page-17

  1. 42,182 Posts.
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    Seems Dr. Copper has a good feel for the state of market sentiment. It is a good measure of the state of panic on the Chinese stock markets with the Chinese authorities pumping liquidity back into their market.

    Unfortunately that 74.5C has to hold or else we might be looking at 67C. Unfortunately for me at the time I ignored the technicals of 30wk sma level then I continued to add just under the 200d sma. I read too much BS into the fundamentals. The mind then decided that it knows where price is going!

    Today COB followed its senior peers (CLQ ARL) aggressively sell off on a study so I suspect it is a sector rotation out of this hot sector. AVZ is even worse and AUZ is probably the best one in value retention. All 3 stocks has similar haircut around the 60% mark from the top so I don't think this is a pullback.

    At least I know that I am a late bull into this sector, came out with 2 black eyes and moving on. Unfortunately I have never done well in this EV space!
 
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Last
57.0¢
Change
-0.025(4.20%)
Mkt cap ! $51.88M
Open High Low Value Volume
62.0¢ 64.0¢ 57.0¢ $62.69K 103.9K

Buyers (Bids)

No. Vol. Price($)
2 1492 57.0¢
 

Sellers (Offers)

Price($) Vol. No.
59.5¢ 3844 4
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Last trade - 13.51pm 11/07/2024 (20 minute delay) ?
SRL (ASX) Chart
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