The 21.5c close was better than a 22c one, which would have painted a negative daily chart...however the lack of buying interest in the afternoon session suggests the impetous buyers may have had their fill, leaving the more patient accumulators.
This could see a soft day tomorrow, with a test of 20c possible.
Given recent performance however, the underlying value story and indecisive daily chart pattern, it could well stage another run tomorrow?
Week-on-week however, which is how this one needs to be treated, the trend is good.
Cheers!
JPR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
