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Spot on BurnettThe critical support imois at .038Would be...

  1. motorway
    652 Posts.
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    14/02/12
    22:23
    Post #: 9693542
    Spot on Burnett

    The critical support imo

    is at .038

    Would be looking for a two or three day shakeout pattern.

    it would have been a strong sign
    If it had turned up earlier.

    But now is fine in terms of the timing (proportion).

    At .045 .043 and .04
    there was fair buying which could have made a bottom

    esp and .04 which could come back into play quickly


    The sellers sold into the close
    But buyers were waiting..


    We see tomorrow

    Motorway
    GCN Price at posting: 3.8¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 8  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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