Re Recent Volume-
Heard of Churning haspete?your mate nana described an aspect the other day where[from memory]Buy at 40 sell at 43 some,buy back in again whatever sell again at whatever +5%ish.
Depth Watching this week saw plenty examples of Stuck at a Level Distribution only to Break Out etc blah.
So IF CNX has been ringed,a lot of the money is already made and in the Bank.Only those True Believers who bought the Volume and still hold are in d'Frame.
Anyway,46/46.5 is a pretty significant Support Level,you agree pete?
So we'll just have to see if it cracks this Arvo.
cheers
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