C7A 0.00% 1.1¢ clara resources australia ltd

Ann: Drilling Update - Mt Cobalt & Pembroke, page-1615

  1. 4,843 Posts.
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    I have a day job so dont regularly get to watch the markets every move over a days trading. But dont feel im missing out because the shareprice will move between 1.6 and 1.9 as there is no news yet to get it to brake out above 1.9 and no holder will sell for less than 1.6, and no bad news to cause a move lower.
    One thing my technical analysis is showing that there may be a major correction on US markets, so have been selling in my super fund to hold more cash ,but dont see ANW dropping out of its self imposed trading range . The tipping point may be the fed raising rates on Thursday , as has been planned, but the market is hoping they put a hold on rates and will drop on a raising. So beware of this imo.

    Christopher
 
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