Dont have to believe me, just look at what the hedge funds/instos/merchant bank desk traders look at ...the graphs. see below.
That triple top at 2.80 to 3.10 looks ominous... if it doesnt pass 3.o0-3.17 (its 200dma) then its a triple top confirmation pattern and may drop back to 2.20 its triple bottom, the macds are not convincing and 200dma is at 3.17, the 100dma is showing resistance at 2.80 right where it is now. If it gets to these levels as i was expecting, it may get cracked back down to its rangesince Oct 2014 to now 220-310.
As SIR top20 is dominated by hedgies and bank desks, they WILL trade your stock up and down like a yoyo to get their 1% commission. They have been since 2011.
PS - i dont ignore, past production of 25 years mining by WMC at windarra, 0 years production at nova so far..thats a history to be proud of, a proven track record with Rob Dennis your COO as its underground manager. Rob Dennis is a NI legend but he aint superman.
I hope
SIR Price at posting:
$2.78 Sentiment: None Disclosure: Not Held