Hi Motorx3, I wouldnt be in a hurry to chase it just yet, vol wasnt that great, & only the last trade of 500k units at 1.6 & 1.7 made the MACD look reasonable (most of the trade was 1.5/1.6, I reckon it will stay on the back foot for another month, I'd be watching for a leveling out & convergance of the MACD before considering topping up. Queue on the buy side changed a few times, 1.5 got very thin for a while from it's recent 4-5mil support & I dont think all of them moved up to buy, overall it looks to me like 2mil bid units have been pulled (from 1.5 & 1.4) off screen or gone elsewhere. current resistance is 2c so not much of a gain in rushing into 1.7 just yet for any short term traders. Watching it closely now, with topping up in mind on any decent dip back to the last support line 1.2/1.3
TSV Price at posting:
1.7¢ Sentiment: LT Buy Disclosure: Held
