eMark,
Maybe it's to make sure the bolling bands don't tighten up too much. Although we have seen a significant retracement, it has been on very low volume. Hopefully this is selling pressure drying up.
On the other hand, if this is accumulation, its been done very slowly... 2 million a day i guess is more than nothing and they are picking them up cheaper.
I just hope the resistance at .15 & .16 isn't artificial and gets pulled.
Either way, as its been said before, hedge funds get judged by their performance, so lets hope they hit their earnings guidance. Then we should see a nice re-rating imo.
set., page-18
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Last
$1.67 |
Change
-0.055(3.20%) |
Mkt cap ! $815.9M | |||
| Open | High | Low | Value | Volume |
| $1.70 | $1.70 | $1.67 | $83.48K | 49.41K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 71604 | $1.66 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.73 | 11401 | 1 |
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| NGI (ASX) Chart |