Support @2.5c was pre SPP announcement. After SPP announcement SP was going towards 2.3c. IMO current price due to 'the speculator' followers buying @3.2c and building wall @2.7c to stop price dropping because of SPP. However, I believe the 'sophisticated investors' will just use the wall to sell high before it drops to SPP actual price @1.9c. Only thing stopping that IMO is an announcement. I'm not convinced the wall @2.7 is genuine... average volume of each buy is around the same as 'the speculator' buy volume. Those buyers might start cannibalizing themselves if 2.7 was set as their stop loss. Based on this analysis I sold out. I may end up crying... but not yet.
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0.3¢ |
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Mkt cap ! $1.478M | |||
| Open | High | Low | Value | Volume |
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