Having watched the market depth hawkishly today, there looks to be building orders on the buy side, chipping away at a reducing number of sell orders. Major resistance at 23c and 24.5c, although support is currently stronger in volume than the ceiling. Price has pushed back above 24c on last trade.
I'm starting to agree with those calling a double-bottom. Fundamentals are still there & instititional investor was willing to drop $15m at 25c. Hopefully soon, it should be back above that level.
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Having watched the market depth hawkishly today, there looks to...
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