G'day stockchap. For what it is worth I dont see such a bullish chart. A lot of resistance at $2.60 but a good support line at $2.50ish. It has just bounced off a 5 week down resistance line. Just MHO.
I do not like the sector much. I was a IPO holder in Q'TAB/unitab and made good profit. The sector is now controlled by 2 players and to me it is a stable/recession proof income earner, but where is the growth. The market likes growth potential.
Good luck with it
mower
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- charts say shares to strongly trend upward
G'day stockchap. For what it is worth I dont see such a bullish...
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