Should have waited for the break above 5.2c to be confirmed.
Closed the trade out for a loss.
Price action = very ugly with a decent volume print + macd negative cross confirmed today
Not the only jnr mining co under pressure this week, with the likes of TSO seeing a substantial seller offering the whole line in the screen at market + PGY seeing a massive capitulation today on volume.
Tough going out there at this time of year with the buy side seriously disappearing and it seems a few funds moving hard to close out positions they no longer want to own this side of xmas.
Should have waited for the break above 5.2c to be confirmed....
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