director buying 2m shares on market ..., page-118

Ok - My take for the day is the following:-

1. We will see a slow increase in the buys side generally... sometime an almost imperceptible creep.

2. The total number shares to buy at 11c will soon close in on the total number of sells at 11.5c ... When it starts to get close you will likely see line wipers appear at 11.5c.

3. This process of slow attrition of the sellers with occasional line wipes will continue until we hit the next key resistance point at 12.5c where it may take several attempts to break through.



As mentioned before the support area at 11c is extremely strong and at even more so at 10.5c ...so expect any dip below 11c to be short-lived and a great buying opportunity.


All is IMHO, DYOR to confirm