It could do, ....???, it had broken its up trend 2 days ago, but you would of given it for the results that people couldn't wait for.
Today it touched the base of the up trend on open,....BUT has now broken to the down side.
Tomorrow being a Friday.....wouldn't put money on a bounce, as it finished on its low.
But if the company pulled a rabbit out of the hat, and are in Elephant country, then all would be for given.
I don't think the 2% fall in copper over night helped either.
The stock has bounced of 2.2-2.3 before, I know that sounds cheap, but that's how some play it.
MOD Price at posting:
2.8¢ Sentiment: Hold Disclosure: Held
