Hey Buda,
A little dissapointing today
Had to take profits early todays and bought a lot more in 16-17c which fundamentally given the ann is great entry i reckon
however, the technicals in late morning, early arvo poiting to the bulls taking over with smaller candlesticks towards resistance @18ish and breakthru as well but somehow the rally failed badly
stocastics indicated oversold and the MA were crossing nicely, fibonacci analysis past 38%
lots of accumulators of 1 mill@ 16-16.5c got sold into
i mean technically and fundamentally great but why is this mob who were buying up crazy to 30+C with VWAP 22 are exiting such a great position for a stock
I still believe fundamentally this stock will again go to 20s and accumulating in the mid teens but man this is weird
Any ideas anyone to contribute positively also
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