Well played out as I expected so far today... Quick break of 6.1 and a attempt at 6.3-6.4 before being repelled... So where to from here you ask?
So for the rest of the day ...well I expect we will spend much of it bouncing between 6.1 and 6.4c there may be several attempts at the 6.4 wall... We may even see a heavier retrace at some point today perhaps back to 5.8 or 5.6 but then another crack at the summit... I expect we may close in the 6.1-6.4 range today... if the summit is not broken ....
It is not beyond the realms of possibility that a insto /sofi /syndicated buyer will rush the top with massive Vol and attempt to blow a hole through it forcing potential offscreen sellers to think twice...
Watching closely ...but in the back of you mind think that big news could be days away...
All is IMHO DYOR
NMR Price at posting:
6.1¢ Sentiment: Hold Disclosure: Held
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