Z, when the Telstra deal was announced and sp was over 3c, my call was a retrace to 2.2. If it broke that it needed to hold 1.9.
SP hit 2.2 and hung around that level for a while before testing 1.9. That level was held and we are now at 2.6.
However with 30dma still trending down, I believe there will be a retest of 2.2 before any substantial move north.
Good Luck.
Add to My Watchlist
What is My Watchlist?