Well that was not pretty, broke support at 17c and not sure what will drive it up in the short term, may drift lower yet 13.5c or perhaps even back to 10c
Same old 23c resistance, all those poor souls trapped up top for the last month have been looking for an opportunity and at least some of them took it today.
Davisite has been sounding a steady note of caution and could well be closer to the mark than the many!
Trading is a far simpler way to treat these types in my opinion, low stress, no bias!
Well that was not pretty, broke support at 17c and not sure what...
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