gaining momentum, page-61

Mmmmmmmmmm, not real flash was it..

TA support was practically nonexistent today, it has been the back bone of this stock for the last week imo, every time it's looked in trouble TA support bids have come to the rescue, just like text book ... not today sadly.

It was always heading down to that lower trend line (the lowest support on the 10 day) after it was struggling around the one running through about 1650. I thought there was no way BUT the charts NEVER lie imo. So down it went to the last saviour at 1585 on the close. Trouble is that the line was at 1590 at 4pm and we slipped under it after the auction. Very bearish indeed imo.

Holders did panic today, no doubt thinking we are heading down to $11 again, I think they stuffed up today personally & "gave away their shares". I also noticed BHP closed on its low Michael. Dodgy red candle over there as well ;), makes me feel better, lol

As xerxes said though, VERY low volume, not sure whether thats reassuring or whether it makes me nervous as low volume is always a negative sign imo. Hope I'm wrong, I'm still holding! lol Oh well, there is still tomorrow.

The main reason I held is because I believe we are not in a trading channel anymore and we WILL go higher. Maybe the big money standing back today so they can accumulate tomorrow? Wishful thinking? Ahhh now I’m confusing myself ;) I'm remaining positive! :) POO will tick up 10% tonight! Or should that be uptick? lol get it?

GO WOR!