Chart Update, page-9036

I had predicted the sharp drop followed by a move upwards, it happened but the volume wasn't there and that is confusing me.

As at 12/11 there were 51 M shorts , that means that even if every trade since then to now (approx 19M) were to cover shorts, that would still leave 32M short sales.... (lets say there is a constant 20M, that leaves 12M to cover)

One of two things will happen after/during AGM, the shorts will be right and the SP will plunge (briefly as i expect value buyers to enter quite quickly) OR the shorts will be wrong and all hell will break loose and a very large green candle will appear.

If the result is better than expected, look for a sharp drop as the shorts try to get the price down to allow covering at minimal cost, followed by a move upwards with 10M minimum vol into 15 to 20% rise territory, with consolidation at about 12% rise occurring over the rest of the week.

That's my prediction..... yep both ways bet....