Thought my last chart had enough arrows to be self explanatory without commentary, but just in case it wasn't here is some.
IMO decent chance tomorrow is not going to be good. Yesterday the hourly looked dodgy. Now the daily the same...
And I know its been said over and over but that last company update all but said not to expect news for at least a couple weeks. Maybe into September....
Doesn't matter if thats what happens, only matters if thats what the punters think will happen. And many of us do...
It bounced back up to support to finish at 6.9 thats a good thing. But as per last time there is not any real volume support below 6.7 all the way back to 5.4. Not to say itll get there again. But im not buying any more now until I see a strong return of volume to push it up, or it falls to 6c or lower. Might not get that lucky, but im not too keen at buying more to see it drop further and see nothing to keep it up at the moment.
XPE Charts, page-6876
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