I wonder if that might silent the quacking from the gallery...???
They had one day in the spotlight...LOL...and didn't they enjoy every minute of it!
You can't argue with the market...if it says it's a buy, it usually is.
Very healthy consolidation today at 1.5c...with the depth apparently defying gravity most of the day in the from of an overloaded sell list at 1.6.
In spite of this however, the buyers waitied, patiently lapping up the sellers all day, until the volume virtually dried up, at which point they finally took out the 1.6c line.
I mentioned earlier that I was hoping for no more than a 1.6 finish...that was a typo...I ment to write I was hoping for no more than 1.7c.
A finish on 1.6 would have resulted in uncertainty tomorrow morning, as it would have given the appearance that the shares had been stopped once again at the resistance level...by finishing at 1.7, we now get a confirmed breakout signal.
This is the best possible result for tomorrow.
I will be expecting a fair bit of interest in the morning, perhaps with a gap up and rally from the open...not unlike the trading we saw on back on the 16th August.
Polishing my pen and writing down numbers with a '2' in front of them.
Cheers!
YAM Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
