Amazing to watch how the technical traders just hung back and let their buy orders just build and build and build and wait until breakout before diving in, and thus were forced to buy in at higher price!
If we go above 23c today - which should be no problem going by a buy:sell ratio of 15:1 - we are in Blue Sky. The highest the SP has ever been - and thus no sellers needing to buy to recoup losses, so everyone just holding steady. That, a NEW 52 week high (yesterday) which will come out in the press, and the fantastic future prospects, it should be VERY interesting times ahead.
ARD Price at posting:
23.0¢ Sentiment: ST Buy Disclosure: Held
