I would think that the longer it stays at these levels the RSI would be lower, can someone give me reading on the RSI at present.
Look there might be an attempt to tree shake over the next couple of trading days, but I expect a rise come mid/late next week.
I know I topped up today, I have a few more funds if it drops a tad more but I just didn't see the point of trying to get an extra pip or 2 if I predict significant news soon, it could have easily moved away, and I don't want to be chasing.
I think by mid Jan, which is not a lot of trading days away, it could be a lot higher than it is now if some expected news comes our way.
sure if there is no news I would expect it to drift lower, but I have put my money on news early Jan.
GCN Price at posting:
3.8¢ Sentiment: Buy Disclosure: Held