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Trade Trends with Bollonger Bands and Twiggs Money Flow

SBM - St Barbara Limited

Chart Forum » Stocks - ASX: short term (strictly TA) » Archive through October 14, 2010 » SBM - St Barbara Limited

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dennis_menace
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Username: dennis_menace

Post Number: 1192
Registered: 09-2002

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Wednesday, June 09, 2010 - 10:26 am:Edit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



With all the doom & gloom going on around the World, gold as been holding its own. Given this rationale it wasn't surprising to see that gold stocks were the main component of my scan yesterday.

This company presently has a sizeable cash component in the bank of just over $100m. It as also been mentioned the target of a possible merger/acquisition by some of those in the market place. Who knows, however what we do know is that it is heading up presently with the recent highs (of 36.5c late last year) now well within range.

Please note that you are responsible for doing your own research should you think this one is worth buying into.

Regards
David



 
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