EQN
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5.71% 16.5¢ equinox resources limited.

That's what I'm thinking, numis. I thought 5.30 would be the...

  1. ammie
    6,725 Posts.
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    10/03/11
    12:32
    Post #: 8029954
    That's what I'm thinking, numis. I thought 5.30 would be the bottom, but having broken through that VERY convincingly, there's not much support until around $4.70. Possibly a weak support around $4.90 on the daily chart, but not on the weekly.

    I definitely topped up too early. So I'm passing on today and will wait for lower prices before buying more.

    Long/medium term, I'm confident but short term this is shaky. And I'll be spewing if we get a takeover at these levels. I wouldn't be happy with a $6 offer from an opportunist.
    EQN Price at posting: $5.15 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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