I respect that call septa, however it looks to me that with only approx 20% of this morning's trade volume below .077, that there is a level of support to suggest that we will hold at least. (This is on approx`half the daily average as well).
Selling into this would have seen much higher levels of trading nearer to .075, particularly given the near-term increase we have had on fair volumes.
At this point I would humbly suggest that there are indications then that more at .077 will go through very quickly and .078 will sit there as the next line to be taken. We have seen this kind of volume taken out often enough. AIMHO. esp.
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