Hi guys, “From immediate chart point of view at first glance, there could be some resistance around 18 c, further and perhaps stronger resistance around 20 cand support around 15.5 to 16c. Chart support/resistance is 1 factor I’ve been giving a lot of importance to these days. It does not always work out but gives me better sleep. For eg. I might be open to getting in if it does indeed reach 15-15.5 cents but again like I said, I'd have to read up on FA then to follow up.” - I mentioned above in quoted comment on june 6.
I was quite wrong about 18 cents possible resistance as MOY smashed through it but seem kind of right (at least so far) about stronger resistance around 20 c.
Very well done to those who picked the lows below 18 cents.
