It seems we`ve hammered out a "fair market price" post SARB and Jury appontment etc around 29c. we`ve come back to the exact centre of the Bolli bands were volatilty has become equalised once again.the interesting thing here is the current triangle consolidation at this point is either a continuation pattern or a reversal, if a continuation the triangle would mark the midpoint of an entire move,eg a downside target of 9c (not very likely!)which leaves the reversal idea,given the underlying long term trend and the current 50% and 62% support providing the oomph!
CDS Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
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