Volume is right up today as well. Anybody else get the feeling someone out there knows something we don't? or are we just seeing some really speculative positions taken up?
On current position I expected to see the price go no further than 2.1 or 2.2 then do the regular pullback. But this has surprised (pleasantly) me and now left wondering where it's heading. I can't imagine a decision from QLD gov anytime in the next 3 months (and that's optimistic), perhaps something out of China??
A lot of buying support above 2.1 and sellers are thinning out below 2.6; interesting to watch over the next week.
Cheers
GLB
CNX Price at posting:
2.4¢ Sentiment: Hold Disclosure: Held