SFX 4.88% 19.5¢ sheffield resources limited

Daily + weekly setup looking dandy, page-29

  1. 1,673 Posts.
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    Sensational to see SFX now trading at all time highs! The share price should really start to open up now and we can essentially see 3c - 5c+ intraday moves as supply really tightens up.

    It took a few hours to get going, but as the hand brake came off, the stock deserved to trade markably higher off the back of the news today.

    The only thing that Iam somewhat cautious of in the short term is that a few of the technical indicators (RSI and stochastics) are starting to move into 'over bought' territory, however iam comforted by the fact that more often many stocks make their biggest moves higher when signals are over bought or conversly lower when they are showing over sold signals.

    I think it's fair to say, strap yourself in from here on in, with known significant news flow to come from the company over the coming weeks, things can really start to get interesting from here! The thematic is strong, the fundamentals of the company are very strong and as management continue to deliver and de-risk the project, share holders will enjoy an increase in the valuation of the business.
 
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(20min delay)
Last
19.5¢
Change
-0.010(4.88%)
Mkt cap ! $118.4M
Open High Low Value Volume
21.0¢ 21.8¢ 18.0¢ $25.49K 129.3K

Buyers (Bids)

No. Vol. Price($)
1 10009 19.5¢
 

Sellers (Offers)

Price($) Vol. No.
20.5¢ 2000 1
View Market Depth
Last trade - 15.23pm 15/11/2024 (20 minute delay) ?
SFX (ASX) Chart
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