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18/03/16
00:34
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Originally posted by aaronsaunders
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We are in the hands of the market movers IMO.
a/ If their plan was to accumulate over past two days, then green days ahead, it will rally hard, they will push up to sell out their holdings.
b/ If they were dumping out on news and are done - we should stabilize and see a bit of green as downward pressure is relaxed.
c/ If they want to accumulate more, then down again we go.
The price was capped heavily past two days, with fake 5 mil sell orders pushing down the price, and bids dropped off. Im quietly confident they are done accumulation and couple days of rallies ahead. Would not be surprised to see 5c range by Monday if instos have been accumulating - their little bots are very good at pushing up the SP.
Exciting day tomorrow!
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I agree with all the news to start flowing within the next month this will go past 5c in no time. Today it was so obvious with the accumulation and stop losses getting hit.