you don't think its going down in the short term? today's knock back at 8.10 was pretty significant imo, lost alot of momentum.
The SP action still looks dodgy as. I think it'll maybe drop lower in the 7's (maybe high 6's if it doesn't recover by next week worst case)
It'll just be temporary before really shooting back up...
The insto's still need to cover, they're not gonna cover without putting up a fight so they'll help push it down with weak retail holders.
Might backfire on them but I reckon that's the plan... Just my opinion.
Daily Price Movement / General Discussion, page-22175
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