Transcription
Hello friends, so fresh recovery has started on the current price chart of SDOT or SITO Group Inc. But, please understand the fact that this particular stock has corrected quite massively and even if I'm talking about the recovery, it is for the current trend. So, you have to be very cautious and careful because of the very high volatility which we have in front of us.
So, as far as SDOT stock is concerned, we primarily have these two levels representing our support and stop loss on the downside. So, make sure SDOT is not falling below 9.4 which is our support and we have 8.3 as far as the stop loss is concerned. So, sustainability at or above these two levels are mandatory if you are still looking for any further upside.
What lies ahead is the next big question. So, for SDOT, if this particular stock continue to trade and sustain both above 8.3 and 9.42 and if it does not fall below these two levels, then the immediate target which is still active is 16.8. If in case this particular stock surpasses 16.8, a move towards 24.2 will open up which will be your next big resistance because it was your previous support uh in 2025.
So, right now you just need to focus on this part. After 16.8, we have recovery up to 24.2. Now, if you want to go any further than that requires another breakout because what will happen uh this particular stock surpasses and sustain above 24.2 is the uh activation of this entire range. So, let us just not go beyond 24.2 unless there is a breakout.
Also, with the kind of price behavior we have for SDOT stock, it is clearly visible that this particular stock is capable of giving you big swing, but it's not going to give you any kind of stability. So, you have to be very careful and cautious about it. Meanwhile, don't go below 9 and 8, otherwise downside may resume once again.
So, this is the end of the video. Thanks for watching.