charts week beginning 14/11/2011 , page-19

Just a brief look as I'm about to go for a bit.

Looks like potential absorption volume, trying to push up through supply (resistance) from the left.

Could also just be supply coming in, but either way all that volume will need testing at some point in time.

Got knocked down to that resistance line, closing midbar, showing it was hard work, if it was trying to get through.

You can clearly see where resistance is, it has rejected the shareprice a number of times now.

NUP




cheers