now would be a good time for share buyback, page-18

hi all, I've updated a day chart plus also a morning/arvo chart which may answer some queries

" On a related issue I think it was you that has indicated in the past that the excess volume bought on spikes has to be sold off before a further rise is likely? Have we achieved this yet? I suspect so. "

kangaroo, yes I agree and obviously were talking about the uninformed buyer, buying at the wrong time and then thru the sheer pressure put on their holdings, sell back to the pro trader who sold them the very same shares in the first place

warning I may have waffled on with some of my notes on these 2charts, but basically to reduce ones risk of entering a new position (cause of this large volume) imo there's 2options and that is to wait for it to be 'tested' successfully, and that can be either just below the close of yesterdays price or above the high of yesterdays bar, I may have confused the issue in my notes

day chart



morning arvo chart