What goes up MUST come down.....short term profit taking AT LEAST.
They will bounce...maybe re-test.
23.0c looks the first main Resistance line that should cause that. 21.5c lowest. So somewhere in that region.
Could be fast...could take days. But is usually directly relative to fall speed.
I would start buying at 23.0c, with a view to be adding more at the 21.5/22.0 area if that comes too.
Bounce/retrace....dpends on that true lowest, but for now would seem 25c to 26c.
That also means it is pretty well useless SELLING now if you are still holding, you may as well await a bounce.
The rise rate was WAY too fast to be sustainable and had to die a sharp death to get back to a more reasonable rate. Just as they all do....
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Open | High | Low | Value | Volume |
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1 | 10427 | 0.096 |
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Price($) | Vol. | No. |
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