A lesson in charting, page-39

Today's sojourn into the 60's was an obvious buyers climax on stupidly high volume.
Moving forward we now have a lot of trapped Bulls above an will take time to clear through that. Everyone who is at a loss at the moment will be keen to sell as soon as the price nears their entry point putting downward pressure on the price.
I anticipate there may be a green open tomorrow given the buying up of cheap shares at the after market auction. Not expecting a huge rise, maybe 10-15% max with a steadying of the ship for the rest of the week.
It is however difficult to predict accurately, even more so given the roadshow currently on, so there may be some big money buying in, but they may be savvy and time their entry rather than rush in and move the price significantly.
I'm out at the moment and will look to buy back in later in the week or next week. There will almost certainly be a consolidation period once everyone calms down and that is the time to buy more.