SBM 6.06% 17.5¢ st barbara limited

advice/comment from chartists please.., page-2

  1. 5,447 Posts.
    It has been in a downtrend that began last June after breaking down from a large top formation.It has now fallen to a base area from which it must consolidate if it before moving up again[if it wants to].If you have held it since last June then there is not much point selling as the loss would be nearly 100%.If you intend holding,then look at the prices it paused on the way down and these will be resistance areas on the way up...up?.You could have a long wait by the look of the chart....at a guess, consolidation could take a year to shake out stale shareholders.
 
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Last
17.5¢
Change
0.010(6.06%)
Mkt cap ! $143.1M
Open High Low Value Volume
16.5¢ 17.5¢ 16.5¢ $627.7K 3.670M

Buyers (Bids)

No. Vol. Price($)
3 65000 17.0¢
 

Sellers (Offers)

Price($) Vol. No.
17.5¢ 418021 8
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Last trade - 16.10pm 29/03/2024 (20 minute delay) ?
Last
17.5¢
  Change
0.010 ( 6.38 %)
Open High Low Volume
16.8¢ 17.5¢ 16.5¢ 692486
Last updated 15.59pm 29/03/2024 ?
SBM (ASX) Chart
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