Classic Pump & Dump, page-10

the res line from the 21st august at 20c and 10.5c on the 29th may, was the high of today at 0.098.

in addition, there was another res line coming from the highs of the 4th and 12th of june.

On a daily chart, there is no reversal bar indicated, nor is there a rsi70 sell signal yet, buyers are controlling at the moment, So its a case of just letting the buyers do what they do until they stop, and who knows when that will be.

almost all the supply from that run up to 10.5c has been taken, and as noted prior by others, not many actually traded at 105 anyhow, so it really leaves those two pips at 9.9 and 10, bugger all.

Well done to those who have "averaged down" their losses during the dip, and also the newbies who took a punt. 4 cents seems long ago now. Remember august last year the price was 20 cents. With the run of late, a doubling in price from here only takes us back to where we were 9/10 months ago. Whoopty doo. very achievable

To those who have missed the run or feel bad that they sold too early, ive been there plenty, im an old babcock and brown holder, and TEN.

Good luck to all and hope its a great weekend. peace

ps, to those in control, a bit of sales news on monday would be good. wink wink