Phil makes a valuable and accurate assesment here....I agree with his view and concour on the stocks resistance levels.
Unfortunately however, we are dealing with a highly volatile and somewhat unpredicatble market.
The volumes are relatively thin but sentiment seems against all small cap stocks whether they be industrials or resources. How long this will last is anyones guess but as they say in the classics...PATIENCE IS A VIRTUE.
Consequently I might just chill out and sip on another Jack and watch as punters around the world struggle against the forces of negativity and bearish sentiment.
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