its being heavily manipulated and suppressed IMO by insto buyer or buyers. That coupled with a bad ASX day gives us todays result.
I do hope it holds the $132.00 and hence hold the breakout , it think it should do as there seems to be massive accumulation around this number. Ive bought my second parcel today so fingers crossed..my average is now $133ish
The question is whether there will be a concerted effort by the accumulating entity to crack that $130-132 number to trigger sells (thats what i would do if i was trying to push it lower to accumulate)
Very little sell depth close to the money in the que
Any sort of decent news will absolutely blow the SP back north of the 150 mark (my short term target)
PS if it goes lower than $130 i will probably sell (at a 2% loss) and wait for a lower re-entry but no need to panic at present IMO
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