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14/08/21
21:58
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Originally posted by EWexplorer
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Thanks wombat
T20 ... when I looked at it a while ago I had trouble figuring out who owned what as a couple of the accounts seemed to be erroneously listed ... I seem to remember this was tidied up - perhaps ... I think it related to a couple of M holdings.
As far as price predictions ... "I think this week we’ll see a move above $3.16 and the SP is well on the way towards a breakout from this downtrend."
Let's hope you're right ... will be interesting. I don't have a prediction as Friday was an inside day (fishy smell around?)
At this point in the chart I often hope for a turn but expect a test of the SMA200. $2.83 So the way I'd look at this ... wouldn't surprise me to test the lower boundary (without news) Monday, then the SMA200 and look for a reversal ... Only good point here is the volume has been increasing, shorts modest (3100 odd on the 12th) but the bot has been very active the last couple of days and we have NOT yet seen a capitulation.
'best.
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I must be looking at the wrong chart
Mine showing 3.17 high both Thursday and Friday how on earth can that be inside