Hi Kaploki,
Sorry I did not get your name right last time as I was posting from another thread.
Many thanks for your detailed explanation.
Also just received the message from our favorite mate below re chart. tell us what you think.
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Not much has changed since the chart above, the latest candle shows great indecision by the market. It hit new lows 5% down, but also weekly highs on a very large volume. Large turnover and low % move suggests still very good support. The later the announcement came the itchier the trigger finger became on Friday. I think there will be a
few that regret selling if that was on assumption of liquidation due to a late submission of results. Charting is great for prediction in the absence of market announcements, but I find the announcements set the trends. I believe the announcement has taken that deadly uncertainty away and the market can value closer to reality. Any more positives that may come in the future will be an added bonus.
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