Twice today it attempted to break through 9.5c , each time it was met with a great wall of resistance of 1m plus sells, plus stacking lower when buys looked thin or buying went quiet, looked like the dam walls were going to give way and burst out, it got very close on the second attempt today but they just held on to it.
IMO looks like some very bullish signals the last few days given the big volumes .....someone wants in, don’t give away your hand easily, make them work for it, tight hands win the race!
Hopefully it’s a case of third time lucky, may pause for a rest to regroup, recharge and then retest? Any positive news might just be the catalyst needed to trek to the 12 monthly summit?
My Fingers are crossed !
Where’s the Reditt Crew when we needed them???
Good luck to all holders.
Chew Aussie
Dam Walls, page-4
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