SBM going much much higherIt just broke out at $0.24 cents from a 2 year resistance point at $0.20 and is now at $0.20 backtesting that support with massive support on the L2.
Nothing goes straight up, we're back-testing here briefly at $0.20 and will be off to the races tomorrow. Wouldn't be surprised at all to see this close at $0.225 or higher today once the weak hands have been washed out. Beautiful chart, one of best on Venture and just getting started.
Take a look at the 1 year and 2 year charts and look at the stiff $0.20 resistance we just broke through, take a breather and calm down for a day while the weak hands get flushed, almost every stock will back-test its breakout level before resuming higher.
This stock is definitely a hold as long as its holding well above $0.18, new trend change underway.