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Looks like we're biding our time here folks...no volume to push...

  1. 2,000 Posts.
    lightbulb Created with Sketch. 13
    Looks like we're biding our time here folks...no volume to push the SP up, and there are comfortable sellers upwards of 2.1c. While today has shown a leg up, the slow downtrend continues as it has since our breakout in early June. We need a move over 2.1c to stop the rot, and a over 2.2c to confirm breakout where the upper bollinger lies on a 6m daily chart below.

    Buyers look comfortable on 1.8c and below so IMO we'll remain in this channel for the foreseeable future until we get some positive news.

 
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Last trade - 15.59pm 04/07/2024 (20 minute delay) ?
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