Hi Guys
They will not let this close below 2c today IMO, they would be silly to let it close lower as if it closes around these levels it is sure to test higher on monday from a technical point of view. e.g. close above 52 week high.
Plus with the churn the stock has had of late the average price will continue to move higher. Moving the average higher forming bases and support, for example the average price is now 1.5c as of yesterday and the avergage paid yesterday was 1.8c. With todays trade we should see the average price move up to around 1.8c, this is what you want to see in a stock as this gradual churn through stock means that it will be less likely to swing heavily after a run.
Looking forward to next week as i think we should move higher from here. Gl to all holders
GB
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