Chart, page-4000

Not going to pick apart all the TA and FA. All analysis have great valid points. I'm not going to comment on indicators, or news reports or pending/imminent announcements, just a bit of psychology.

There was a clear and confident uptrend to AU$3.80 on the 19th and signs of indecision on the 20th. Since then clear indecision in the market on 23rd, 24th and 25th and a retrace today.

Indicators aside two days of indecision in a row from the literature I subscribe to more times than not means the previous trend is bending and this was picked up by Aussiebulls on the 24th.

Sentiments: traders trade/stay in cash, longs can stay long (let's just say I don't think $3.80 will be the all time high) if I were on the sidelines, I'd keep watching for the support. I think @FlashFish did a good job with a $0.24 improvement as it avoids the FOMO and confirms a decent profit which is likely to pay off in 12 months.

Looks to me like there might be another buying opportunity on the horizon, but the sub $1.50-$2.00 days I think are over. What a time to be in the market!

GLTA