We are close to 7.4c now.... just need a little push.
I would like to think 7c would not repeat again..... our last 8c support has been broken clean and we are now pending 7.5c......
i think we have a few more weeks of volatility until the showdown with NVIDIA.... if earnings are bad.... get ready for a real correction on the markets....
As per IVZ and ZIM..... we still have plenty of news ahead but... it needs to happen to hold the SP....
If you take a look at the daily chart below, it is in the bands but just.... if it breaks down.. it could start to become ugly as many that bought at the bottom might as well start taking more from the table and with it the SP.....
Many here that still look at old T20 data thinks some of them are still there.... a lot has changed since.... some are not there and some have reduce their holdings..... but, some have added and there is a large holder there now which the company is not disclosing to the sheep for some reason.....canning hey but true.....
once again... if you in WA, make an appointment(computershare) and go and have a look... its free and they must show you as long as you have holdings....
The company decided to keep quite for months while some accumulated and some dumped.... something I do not quite like about Scott..... otherwise he is a good chap.......
Hopefully the company can bring news this week or max the next.... otherwise other forces will start interfering on the SP.... and they know it.
Have a good day all.... plenty of opportunities on mickey mouse OZ markets today....
