"...I hate to say it but I am still feeling a tad bearish on this one very much in the wait and see, the thing is it showed a bit of testing and supply seemed to dry up,..."
Hi Lance, thanks for the reply mate, just a little puzzled atm, what timeframe are we talking with your above comments ?
Cause the way I see it, Friday was our only potential test, it appears you're suggesting another ?
"...and a few of the feel good stories came out after that but they didn’t follow through with the slew of news required to give us the nice little bar with the healthy volume that we need to follow..."
same again here mate and what's that other stuff you talking :)
plus "...the healthy volume that we need to follow.."
well that normally would follow your successful (Friday) testing and is hopefully just about to happen, and it will be confirmed with some bullish activity ie. increased spread/volume to the up. more than 17M for the day and hopfully close above $1.00
Friday = 3cent spread and 17M in volume Today = (wishing for) 4cent spread and more volume
lets see how it goes
cheers
LYC Price at posting:
99.5¢ Sentiment: ST Buy Disclosure: Held
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