:buda technicals intraday

Hey Buda,

A little dissapointing today
Had to take profits early todays and bought a lot more in 16-17c which fundamentally given the ann is great entry i reckon

however, the technicals in late morning, early arvo poiting to the bulls taking over with smaller candlesticks towards resistance @18ish and breakthru as well but somehow the rally failed badly

stocastics indicated oversold and the MA were crossing nicely, fibonacci analysis past 38%

lots of accumulators of 1 mill@ 16-16.5c got sold into

i mean technically and fundamentally great but why is this mob who were buying up crazy to 30+C with VWAP 22 are exiting such a great position for a stock

I still believe fundamentally this stock will again go to 20s and accumulating in the mid teens but man this is weird

Any ideas anyone to contribute positively also