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clock Created with Sketch. 26/08/14
16:25
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Originally posted by makattack
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Yeah a bit disappointing it couldn't hold higher but it closed on its low which was still .1c higher than yesterday's close so that's a positive. VWAP was .0982c, quite a bit higher than the close so plenty of traders out there sitting on a loss if they sell right now. Just means when this pushes up again there'll probably be some initial resistance from those traders who bought higher and just went to get out break even.
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And get to read some comments from posters who would not buy when dropped when to the low 8's, but when was hovering around 10 earlier, wanted it to drop to low-mid 9's to top up. Go figure - so much ramping one way or the other on these threads!
(20min delay)