Hi BSA
I just read you post again.re resistance @4.8c
I agree there will be a few screen jockies sitting around waiting and watching the daily resistance levels and you may be right in saying that 4.8c will trigger the participation of traders, but its always investors that drive a solid trend, investors dont care if they pay 3.9c or 4.5c, and as they soak up available stock this will reflect in higher wkly and monthly closing prices,(simple supply and demand)
The other factor is "pros on the close" profesionals use Fridays close,to their "technical advantage".
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richfield group limited
chart says down, page-15
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