difficult to call, all tech trading rules say this should now pull back after such a great run, but with all the recent announcements and broker upgrades going on the market is split in two minds. It still has a way to run to get the the broker estimates which seem to be around $1.70 but everyone is keeping ann eye on the Dow. It didn't break the 11000 convincingly enough and that was reflected in the general asx sell off today.
If the Dow runs tonight we will get back that 1.45 easy, and start testing the huge $1.50 hurdle. If the Dow falls then I would see us dip back to around 1.30 for some consolidation.
Given the proximity to production, the $1.70 you would have to think quite conservative. But it represents a 20% increase on today's price if your patient enough.
Jump if you want to Harley but I think I'll stick around on this one.
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