bottom fishing...

Going through the motions...

Very quite for JRV so far today...with just a trickle of sellers...and still holding around that magical 3.3c number!

This is excellent...especially with the 15 day EMA still down at 2.9c.

Many sales have come from further up the queue, with plenty of time to think between each. Also very few off-market dumps happening, suggesting that not many sellers left at these levels...nor do they seem particularly nervous about holding now.

All this without any larger buyers in sight...so if they do reappear, it could get interesting.

Near or at the bottom of this retrace in my opinion.

Extremely resilient for a dog that has risen so far, so quickly, had a capital raising...and now apparently is finding support another 32% higher again.

If I may say so, the trading activity is very similar to that which PDN went through in the 2 -7c range...by the way, I am not suggesting for one minute that JRV will do a PDN or anything.

Could the market be slowly warming to Young's potential, given the performace of similar overseas companies, or have we all just gone stark raving mad?

Cheers!