Sorry guys I just realised I made a chart several days ago on the hourly, but didn't include my commentary notes.
Here it is except with the notes I had attached to it. P.S this Thread went from 600 views to 6,500 views in about a week! Thank you to those ruffling feathers can we start attaching charts now please? GLTAHz !
NEWS today came out BUD Buying Back 32M odd shares give or take. Things could get interesting, as I alluded to Insiders or someone else averaging and taking a larger position at these levels which seem favourable for risk reward on a former runner like this.
May even react as an earnings winner off the lows considering many are expecting disappointment, yet others like myself are somewhat optimistic for less cash burn, more funds available for next round aswell as receipts from sales coming through. Sentiment is still a BUY considering news of a BUYBACK being announced today
Keeping an eye out for a few things to occur.... ALL IMO
1) Supply from 0.007c being taken out, perhaps some in the form of 0.006 Buyers getting hit
2) Buyers absorb the supply and will drive it up wiping 0.007c Sellers
3) Big buy wall restacking at 0.007c for signs of the 1c retest aswell as news indication
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Sorry guys I just realised I made a chart several days ago on...
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