re: trendline bounce Uptrend from 22/12/05 is sitting at 37c, market depth shows 300k buyers sitting at level confirming importance. If broken 34 and 32 supports with slightly weaker levels in between. The buy side still looks solid and no large sellers building. The funds may be trying to shake the millions purchased over 41c level by triggering stops, hopefully 37 holds with strength.
Regards RM
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