a text book bounce

  1. 1,303 Posts.
    lightbulb Created with Sketch. 25
    Bounced beautifully of 137. now at 143 and nicely above support. Should move quickly back to 150. I think its a good sign that it didnt fall below its multi year bear market resistance level which it broke on massive volume when these xstrata talks were first announced.

    This is a typical test of support that most stocks usually undergo when they breakout of massive resistance.

    skippa
 
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