CDU 0.00% 23.5¢ cudeco limited

How about you enjoy the resurgence in the SP. The shorters will...

  1. 2,196 Posts.
    How about you enjoy the resurgence in the SP. The shorters will have there turn but so will the longs! Has the covering rally begun or is it a falsey? Look at the volume and spread for clues. Sometimes low volume upthrusts can be deceiving.

    More importantly look at the background (strength/weakness) and underlying trend. Focus on the weekly volumes. A small daily volume leading to increasing prices can quite often build to something substantial. Better to fly under the radar and raise SP when most are dubious about the rise. By the time the majority are on to it there has been substantial gains to be realised by the SM,imo.

    Good luck holders
 
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