Potential Buy Alert SBM

SBM – St Barbara Limited

SBM has been trending higher over the long term since the start of 2017 and is currently consolidating highs. The gold producer and explorer is dragging in the buyers at the highs but may have a little more work to do before we see lift off and continuation higher. We are now watching for a secondary push lower to squeeze out a few buyers before building the buy entry setup….one for the watchlist.

Stock Code : SBM – St Barbara Limited

Company Website : www.stbarbara.com.au

Current Price : 3.72

Status : On watch for buy entry setup