Agreed FP. There has been a lot of trapped supply 10-14c that...

  1. 2,217 Posts.
    lightbulb Created with Sketch. 581
    Agreed FP. There has been a lot of trapped supply 10-14c that seems to have been methodically taken out over the last week. A close at 15c or above will be very significant IMO.

    Yesterday's MACD:

    https://hotcopper.com.au/data/attachments/6087/6087982-e0837328cbea0c57bb7fa9c4468ba0b3.jpg
    Note today's MACD - its about to cross:

    https://hotcopper.com.au/data/attachments/6087/6087992-9a330cdf969ac89dea8dc69e2130342d.jpg
    The last time the MACD crossed above the signal line the SP more than tripled....lets see what happens...

    CHeers




 
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