Break Out Chart RHT, page-189

Further to this it is hardly surprising to see the depth has changed in the past few days as well. It has gone from around approx. 1.4mil buyers vs 1.5mil sellers to 2.4mil buyers vs 1.4mil sellers. If you look at the image of the current depth below you will see that the largest volume out of the buyers is at 16.5c and 16.5c. When this is viewed in relation to the above graphs in my previous post with inflections points you will see that these line up exactly. I am interested to see how this plays out over the next week or two and if this downtrend is broken as I believe it will be. I suppose time will tell. I am considering doing a fundamental write up sometime in the near future as well so let me know if people are interested in that.

Again, this is not financial advice and please DYOR before investing.

Cheers!

Harro