broken 3.7 resistance on increasing volume, came down and tested it. Somebody took 1,500,000 near close at 4c yesterday.
apparently has a coal deal in cameroon near sdl iron ore if you can believe the posters on here
something up anyway, was chart chat chart of the week also.
i hold .........
Yes it was fairly typical of mondays market decline previous to that it was in a solid uptrend on volumes. It was however also in an overbought stochastics range late last week. So an accumulation Flag type pattern would be healthy atm
46 was the resistance and fib, it needs to crack
thanks.
Giz I am having FTP software problems have prepared a chart am unable to upload it grrrr
hopefully sooner rather than later
CDS Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held