Continued reduction in volume on the retrace is...

Continued reduction in volume on the retrace is bullish...

However, this could come undone with a fall below 31c, in which case the appearance of volume selling would be a trigger to get out.

However...with volumes today lower than yesterday...and the day before, etc, right back to the shooting star on the 30th Jan, wer are still in my view witnessing a bullish distribution from the recent rally from below 25c.

Watch the volumes and the VWAP ranges for a clue to the next move.

I am still expecting a big day this week...but it may not happen as quickly as I expected given the sluggish start today.

At the crossroads in my view, with an upwards bias.

CHeers!