Hi mate, that's a tough question whether management isn't telling us something, one never really knows, but pretty risky is they aren't disclosing information. This selling mainly looks institutional to me, probs more an accumulation in stealth mode in the making, again time will tell. I did end up selling my LT hold yesterday as well, I think I might start to move to cash a little from here
FA wise though, nothing has changed as per my post a while back, all looks good still.
https://hotcopper.com.au/posts/41343667/single
TA wise though is a different story, as per my thoughts in my post above, if the SP does what the Pink line that I put in my chart below does then that $168 area starts to look more and more likely to me (this is the push through and retest I was talking about yesterday). But then the insto's can turn this around in a heartbeat as well, so not easy really, I'm just posting what I'm seeing and I'm prepared to post the chart to, but that doesn't say I'm right either
Sorry probs not helping you, but that's the game. I hope I made some sense
Weekly TA chart
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PS: The SP will probs move higher now that I've rambled on here...lol
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Hi mate, that's a tough question whether management isn't...
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$1.96 |
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 44599 | $1.95 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.97 | 44650 | 2 |
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No. | Vol. | Price($) |
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5 | 52974 | 1.940 |
1 | 3000 | 1.930 |
1 | 27784 | 1.925 |
2 | 1981 | 1.850 |
Price($) | Vol. | No. |
---|---|---|
1.965 | 44650 | 2 |
1.970 | 54368 | 5 |
1.980 | 15000 | 1 |
1.985 | 60582 | 2 |
1.990 | 46563 | 3 |
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