I think you might be right. I was hoping we might get some more action once 2.5 was hit, but the last hour didnt really convince me. I did notice the buy depth at 2 cents built up, but the rest never followed, probably supporting your theory. Plus the sell depth at 2.6, that suddenly appeared. 2.6 was strong support before the correction and is now strong resistance. For the head & shoulders pattern to be proven it does need to be a convincing break. I would think we would need a strong opening. Its funny that you mentioned PKT, I was just looking at it tonight and comparing it, I acutally nearly mentioned it in my post. Very similar patterns. Needs to break 6 cents.
tbsanto this is site I found all the info. The site I have posted before. https://info.pir.sa.gov.au/geoserver/sarig/frameSet.jsp
RMG Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
