$$ when f/a & t/a meet $$, page-3

G'day Kenny, was just about to post my thoughts.

Technically, chart suggests a quiet few days with further consolidation in the 50's, prior to retest of 62 late in week.

Important numbers on the way down are 55, 50 and 47. In order to retest 62, really wants to hold 50. I'm quite confident that it will.

On the way up, significant numbers now are 62, 75, 81 and $1.

I would suggest people don't get upset with a few days trading in the 50's, as it isn't necessarily bad. It will shake a few t+3's out and show us the strength of support in the 50's.

I'm content to hold. The breakout over 50 was my reasoning to buy the stock. Stop losses at 47 would be technically prudent.

My thinking still tends toward 1$ area.


In short I would look for lower volume dip for day's (not weeks) prior to further increases.


Sorry if that isn't quick enough for some people.

Quite relaxed.

BTW - Newry has balls.

All the best.