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clock Created with Sketch. 15/07/15
15:38
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Originally posted by insaf
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The ST trend seems to be breached. Resistance at 26.5 playing out with historical and Ma 200 and 21. Hasn't breached Bollinger upper band as it is 26.5. If we can breach 26.5 we r looking good and then we need to have follow up with volume to push on to 28-30 zone. Minimum we need to hold above 25 to set up up a proper breakout instead of a false one. The only caveat is volume which is low. This week will be interesting. Finish at 26.5 then have volume the next day will get many interested.
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Agreed insaf, a hold at current levels is needed. Depth is very interesting too - momentum is building. Strong bids on 26c now and limited cover on 27c.
Last edited by
sadj89 :
Depth
15/07/15
