Replies to post #43743 on Southcorp Capital Inc (STHC)

[chemist72]

Thanks for your opinion. Seems reasonable.

200-sma now at $.0451, which happens to be the low point (so far) on this current pullback.

[SooS416]

That is the key support level, if the 200sma holds then I agree, it will bounce around for a while until news comes about. If the 200sma breaks then it could go down to mid 2's which could cause some panic.

I would guess the 200sma to hold if tested again, but at the same time would not be surprised to see this drift further down