A lot of stock has changed hands at this price range, I guess it will depend on which comes first... Flows or allocation...
I honestly believe if we have a successful break of 2.2c which means A close at 2.3 or higher followed by a second day closing higher again the share price will form a new base at that level, even the allocation of shares prob won't break that support... But I'm mixing FA with TA a little too much here and can't therefore be sure of anything...
Put it this way, if I was trading Short term FA I would have an order in at 1.7c-1.8c.
Trading short term TA i will be buying more on a confirmed break of 2.2c.
Hope that doesn't sound stupid...lol
GGP Price at posting:
2.3¢ Sentiment: Hold Disclosure: Held
