Well the Re-Test came AND they beat it. Sort of.
They 'overshot' it, in a sharp burst of over-zealousness.
I would still be quite worried about them being able to maintain height, but the new high throws a wobbly into it now.
I still expect to see a fall soon. Quite probably tomorrow.
When they do, watch for a CMQ-like Retrace shape. Not necessarily as rocket fast as CMQ did!! But still the same basic shape.
Thus current holders should also have a bit of leeway before the final decision of their longer term holding. (longer than days that is). If you can ever get within 20c of the highest high (in a $5 area stock), then you didn't do too bad!!
Personally I will be watching for a $5-20/30 area entry for a very short term play, otherwise a more solid $5-00 area regrouping sometime later into next week.
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