Waiting for volume to come in to see where SOR moves over the next few weeks, but given all lithium names are moving, this one is sure to follow.
Mini head and shoulders pattern that needs to be broken with a cross of 32.5c, but good low risk entry here i feel given the sector movement in the past week.
Will likely see follow through tomorrow into the 40c range. Entry here with stop at 32c is good risk reward.
Ive been watching it since last spike to 40c but will likely look for an entry once 40c is broken and then retested.. unless news comes out.
Short term target of 50c by end of the month definetly possible if it moves well tomorrow.
Been following this for a little bit and took a couple of positions after the big retracement, not the best entries but still in profit, but more excited about the current formation towards the major resistance level.
If we have another push towards that resistance at .40 we could see a break and start to really accelerate the trend and build new structure...
After long term selling pressure in Asx. SOR is making perfect cup with handle pattern it will be good buy in week time when it will finish the handle pattern. perfect entry will be around 0.475. lets see how it pends out.. Have safe trading..
Pick this up on my scanner on spark and it was forming a very nice break out play that I’m comfortable with. Love these kind of stock, low cap and low float.
1 Min: when I see a bullish hammer on the match price and formed a double bottom as well I get very excited. Got in on the break out to the upside but got out to early.
Once I saw the 80 cents wall drop...
Could be an interesting stock to follow and likely to be spiky on news with some really interesting projects they are backing. Quite a bit of upside on these spikes too. Worth a read of what they do and their recent announcements. Super speccy. Could be worth a watch.
The Australian Federal Government has registered Strategic Elements as a Pooled Development Fund...
