9year low..., page-24

Accaeric

I agree with your comment about the bottom being formed. I was impatient with my purchase without following technicals (Av 0.335).

We have formed consecutive red candles for the past two weeks and friday was our first green day (when the market was red) which is strong confirmation of a potential trend change.Many traders would be waiting for this sort of trend change so I wouldn't be suprised to see some buying next week which would force shorters to cover their positions.

Would not be putting a target for the share price next week, but does look very encouraging after seeing the 200k buy at auction.

Enjoy the ride