CI1 0.00% 11.0¢ credit intelligence ltd

Call me a simple guy, but the 200 day simple moving average sums...

  1. 652 Posts.
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    Call me a simple guy, but the 200 day simple moving average sums up the low swing on this stock pretty well, maybe me saying this will be the self unfulfilled or fulfilling prophecy. Because I became aware of it on the last bounce I've been watching it and someone does not want this thing to close below the 200 sma. It's like every candle that went below the line would be pushed back at the very least in the after 4pm settlement. I am telling you it really appears like this thing being accumulated very slowly and whoever has the shares doesn't want to see this thing dip, if I am right and I could be wrong, but if I am right then the 200 sma is starting to move up now so it should start pushing the stock with it, would not be surprised to see a bounce shortly as the masses realise the trend.
 
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