A close at 25c-25.5c today is pretty much positive for the sp..... it has been rising for the fourth trading day in a row so a consolidation at some point is on the cards IMHO....
It would be nice to have a consolidation above 25c mark for psicological TA purposes.... there have been a very trading path this morning until before some profit taking that have not affected the rising structure of this run.....
Arvo should be interesting and more buy are on the cards..... I'm pretty happy how the fundamentals of this company is shapping up......and I'm more than looking forward for the report......
The Report will be the key to sustain another strong run.....as this documentation is directed to bring Insto interest to the stock.... The week and weeks after the report/presentation will be crucial and very interesting IMO....
cheers
CVI Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
