STT Weekend Lounge 19-12 Sept, page-26

  1. 7,385 Posts.
    lightbulb Created with Sketch. 2018
    Hi ibuybulion

    This is a15 minute chart showing Tuesday's action.

    High volume first thing in the morning ... somebody had a line of stock and they were keen to get their profit. That selling slowed people down a bit ... things went quiet for a couple of hours. Then more selling when the price did not recover. Towards the end a bit of support but not a lot of volume.




    This is the overall trend for the stock

    Just on the chart, it needs to hold above 0.035 to maintain confidence and bring back the buyers. If it breaks that it could retrace to 0.029.
    The volume needs to remain high for the run to continue.

 
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