any bets on a new high?

  1. 8,606 Posts.
    I think it will test 54c at some point today or tomorrow.

    If it fails, predictably it would come back a tad, maybe to fill the gap at around 53 before it gains enough of a run up to bust through 54 next time...but it seems to be only a matter of time.

    The share isnt jumping drastically, its all growing in line with commodities and company production. Hence my enthusiasm...almost all the planets are aligned for it to leave its old high in its comet dust IM-hopeful-O.
    I'd love to hear opinoins, because interestingly, it would appear that the wall of traders at 54 will be needing to adjust their positions shortly, either way.
    They have crept up for the last 7 dyas (daytraders) and relatively few of them have set sells above 56.

    I am in with a sell of 77c at present, for a short - med term gain.



    Cheers

    L
 
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