If you look at the chart over a 6 month period it looks like its at the bottom now.
Since the low of 15.5 on 23/05 till now 19/06.
Last sideways movement was like this was from 03/05.
So from the 03/05 (32.5cps) down to 15.5cps on 25/05.
That's quite a hit its 52.31% loss in only 48 days.
I agree high volumes are churning something, a few big players perhaps fighting over some fair shares at waaay low market prices all based on sentiment.
Last time RSI was higher than 50% was 27/02/12.
Since 04/06/12 RSI has been trending up from 33.9% to 41.6% today.
Can they smash this one down anymore? i loaded up at 17 a few weeks ago.
As we are not in control we'll have to throw in a bit of hope with some charm coupled with lady luck.
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