For once we see eye to eye...lol...that's a worry.
I am active in the market now...have grabbed 3 parcels and will buy more if/when it runs.
I set 75c as my retrace target earlier today...should see a bit of interest from the market here in my opinion, however I suspect that will not stop a few of the "punters" from attempting to push it lower.
it's behaviour here is technically important.
Perhaps the best sign so far that the intra-day bottom may be in is that it appears to have stopped right on support in spite of the obvious attempt by a few to knock it down.
Once it settles, I am expecting a bit of activity towards the close.
Cheers!
GBE Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
