charts for the scallywags, page-24

Another little narrow spread up bar, although volume was lower this time.

There is no doubt that there is supply present at $1.30, it appears someone is off loading at this level.

However, after two narrow spread upbars, and the second having much lower volume, it could be that "others" are prepared to absorb it.

Until the recent widespread upbar's low gets taken out to the downside, I would have to keep a bullish bias I reckon.

Still holding with a tight stop ??

cheers