weekend charting 16-17 july, page-141

  1. 470 Posts.
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    BYR for Leroy. As looking @ its ASX trading is only half the picture, I've overlaid its recent action on the DAX as well.

    To me today's trading gave me the feeling that there's a lot of selling waiting at 14c and above, and not much buyer interest in pushing it higher. I got the impression that its a bit ahead of itself, needs to consolidate a little and fill the gap at 12c. It might go if it got a red-hot lead from the DAX overnight, but that doesn't look likely right now.

    byr20110720
 
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