TRF 0.00% 1.9¢ trafford resources limited

a new day, page-3

  1. 353 Posts.
    I agree entirely denroyd. That's why it depends on resolve on sellers versus buyers. If sellers (and other holders) "stick to their guns", the buyers will have to come to meet the sellers. Conversely, if buyers stay where they are sellers may get spooked and go down to meet the buyers.

    Just as there is little support down to 0.49, there is no resistance up to 0.67. So, if sellers maintain there resolve, it obviously won't go down.

    There is at least a prospective buyer of 50,000 shares who left there buy order in during pre-open yesterday afternoon. That buyer (although not "in the mix" at the moment) was prepared to buy at 0.65. So if it does not go down, I think that we could expect that buyer to re-appear.

    Good luck to all.
 
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