ELE 0.00% 0.5¢ elmore ltd

gangbusters today, page-15

  1. 3,568 Posts.
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    Evening all, i know some out there would be a bit dissapointed with NSL's preformance today, but to tell you the truth we really needed this. It would of been nice for NSL to finish 6.5 but it wasn't the case, in the last 15 or so minutes it got sold down, didn't take much either to bring it down to current levels.
    It was good to see 7.3 to be hit, and from that high, profit takers to come in, instead of say 6.2 going to 5.2, now that would of been a let down...
    Today was a big flush IMO, as we saw a lot of accumulation at the low end of 6's to be testing the 6.5 level many times during today.
    i dont think we will go to 5.5, if it was going to be the day, today would of been it IMO, mainly because of the profit takers, and nervous buyers at 6.0c level exiting.
    tomorrow we will see more consolidation, in the low 6 range and test that 6.5c again.
    today was extremely bullish, it passed the first FIB extension wave, to nearly reach the second extension, only to find itself back to reality.
    Thats my view on it anyways, plenty of fun days to come, and green days to celebrate about.



 
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