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a sea of green guys!!!, page-11

  1. 46,202 Posts.
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    Not that its an issue with me as I am in for the longer haul, but there is a bit of a standoff at the moment at the 17c to 17.5c mark. Those responsible for the strong buying with huge numbers above 18c seem to be having a bit of a lull tempting sellers to bring the price down and numbers to build on the sell side. If I am reading it correctly they will then in Warnies words start the chomping again. Remember the smart money always wants to buy as cheaply as possible. I could be wrong but that's my take on what is happening. The chartists interpretation may confirm that this is what is occurring from a technical perspective.

    cheers
 
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