In'Egate,
Given your simple touch on that graph, i agree that the 3 base prices and two top prices make up a definite gutter and ceiling.
The gutter has been tested and the ceiling test is in perfect unison with the fundamentals/announcement that we think is due.
To me, this clearly indicates the anxiety/anticipation of shareholders. It shows me that the market does respect this next phase of announcements and is ready and more importantly because the price is bang on the ceiling and the ann is due in a day or two, it also the beleif that this 1.5m deposit announcement will be nutritious for the shareprice!
- Otherwsie it would be trading in the gutter, indicating the downside emotion of doubt!
Cheers
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17 | 12832678 | 0.002 |
10 | 17300024 | 0.001 |
0 | 0 | 0.000 |
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Price($) | Vol. | No. |
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