rau share price activity, page-5

Hey guys...

A few days before the share price made its major move, I posted that based on the charts it was going to happen.

It did go higher than I expected, but well within the range of the charts.

There are many, many traders out there who base their trading on the charts (Technical Analysis).

On the fundamental side, there is and was justification for a price rise, so it was very much a matter of timing.

imho, one could just as well ask why the price came down in the way it has.

If one goes back there was some VERY coincidental timing of the initiation of the price fall. It happened the afternoon before the release of the quarterly if I recall. I think the auditors leaked some info to a larger holder and they dumped. That began the fall.

So, imho the bigger question is "why did it fall?" Was there manipulation in that direction (too)? Probably yes.

Just a perspective.

Cheers