Ann: NexGen Due Diligence Complete - Outstanding Results Achieved, page-321

I sold today in six lots during the day, when it went to the bottom of the channel. Wasnt happy with this as a trader, but made nearly 1 bag, so now my profits are protected. Was hopoimng it would break out but had to make some decisions.

Reasons were.
Was dissapointed with the compression at 18% looking at mobile usage for me or Australia I wouldnt buy the app based on that small savings. Speed it not a concern as the next generation to be rolled out, will be 5g mobile with speeds greater than 1GB in a few years. Speed is not a concern for landline with optic fibre. Saving money on data and the massive growth of data are the benefits. But 18% isnt much.

u cant have warpware in the carrier path and the retail app at the same time- u can only have one lot of warpware compression and that is retail as they are doing it first. Yet they are talking about isp deals - so dont make sense.

Watching the chart and seeing if the big red candle was going to change but it didnt.
Big red candle with highest volume yet in chart spells a top.