Indeed Rajenp5, this morning's trading looks to me to be a prelude to more sustained buying as the sellers retreat and in all likelihood buyers begin to realize that they will have to step up, like those this morning, and at least start to accumulate in order to have sufficient holdings to make an investment worthwhile.
Based upon past examples, I would suggest that we could be seeing an assault on 27c very soon, which would auger well for a breaking of the recorded previous resistance at this level, I reckon.
Coiled spring., page-6
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