ADO 2.50% 2.1¢ anteotech ltd

The "10c party" type calls whilst in themself dont cause...

  1. 2,070 Posts.
    The "10c party" type calls whilst in themself dont cause selloffs, they do represent the euphoric state of holders, or in other words the "greed" emotion, which on a very short term basis can be good times to sell, just as it can be a good time to buy when people exhibit the "fear" emotion.

    Vol is being washed off as we speak, once the monkey selling is complete we should get reconfirmation of the ST direction. If 9.1c holds that would suggest up, otherwise we are in for a consolidation period before another attack at 10.5c. Capper at 9.4c is simply encouraging the DT monkeys to go play somewhere else.

    All IMHO only

    Good luck to holders.

 
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