SIG 24.9% $2.43 sigma healthcare limited

Head and shoulder breakdown, page-80

  1. 266 Posts.
    lightbulb Created with Sketch. 22
    Must still be accumulation going on BL, I reckon, although I'm only a novice. All Ords down 52 points, SIG up 1.75%, I reckon that's pretty damn good on a down day and indicates strength or alternatively just being plain undervalued after being oversold in the panic in early July. Glad I took a punt and picked up 100000 at 48.5 cents 3 weeks ago and I suspect they still have a fair distance to run. Not looking to offload these guys cheaply like I did with MYX. Obviously someone is seeing value out there as they never dipped below 56.7 cents all day. From what other are saying SIG had to hold above 56cents for 2 alternative days which it's now done. Closed 1 cent higher with higher lows sneaking in hopefully setting a new support level. I wonder if any of our TA friends can shed some light as to what the next likely resistance point challenge is and how they come to reach the conclusion would be great. SIG burst through the 56 cent resistance without so much as a whimper. Maybe Little Prince or Chartsshout can shed some light on what they think is going on. Not looking to buy anymore, lashed right out on this one while they were near this years low so looking for plenty of upside, GLTAH!
 
watchlist Created with Sketch. Add SIG (ASX) to my watchlist
(20min delay)
Last
$2.43
Change
0.485(24.9%)
Mkt cap ! $2.300B
Open High Low Value Volume
$2.52 $2.70 $2.32 $138.1M 55.83M

Buyers (Bids)

No. Vol. Price($)
5 123400 $2.42
 

Sellers (Offers)

Price($) Vol. No.
$2.44 1365 1
View Market Depth
Last trade - 16.10pm 07/11/2024 (20 minute delay) ?
SIG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.