I actually see this as not being a problem. We actually closed a little higher than the low of the day.
But its a good sign that the short term sellers are dropping out slowly.
We have to remember that anything that rockets up as high as CEO has, then takes a couple of downward days to readjust and breathe - for the next upward movement.
I suspect the last couple of days have been the breather.
A good opening tomorrow is on the cards - I would expect the announcement released today to slowly start filtering the market, and as awareness of this picks up, so should CEO.
Just my humble opinion anyway.
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