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Appropriate Market Response, page-11

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tobes11

4,327 Posts.

19/05/16

13:15

Post #: 17812772
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Originally posted by aaron$ ↑

This whole end of the market is speculation! Do you really think the price is where it is because of retail analysis? Nope, it's just easy money made off weak players.

The instos who have teams of analysts know the value, and are soaking up - they are taking huge bites today.

When they are ready to boost the price, they will boost it. They will exhaust each level as much as they can. They cant seem to get getting much more out of 5.7c, so will have to move up a couple of pips shortly.

Still three hours left in the day, money is being moved from impatient to the more patient players.

Market will tell us value of business, and it's on the rise from this session of overselling

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watch for the FOMO in the final hour.

money talks and the final hour will be very telling for PIO.

my guess is 6.2c+ , which will be bullish for tomorrow.

PIO Price at posting: 5.7¢ Sentiment: None Disclosure: Not Held
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0 Great analysis

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