Eerily similiar to last time. We have the sell side stacked at over 120 million, with most of the 'sells' far away from the current asking price.
The buy side has its strongest queue at or just below the asking price.
Today we have seen multiple buys yet the sell side has still somehow managed to always stay within the range of 120-123 million.
If I was a trading/betting man, In terms of choosing my next entry, I would wait until we saw that sell queue drop consistently underneath 120 million, as IMO that is when we'll see the capping stop.
May be today, may be next week, may be next month, dont know.
CCC Price at posting:
78.0¢ Sentiment: ST Buy Disclosure: Held