Unfortunately it was inevitable that SP would head lower with no news. Was very easy too see even from the chart around a week ago. Today or tomorrow the gap will close down to 2.0/2.1 and we'll hopefully see a strong bounce off of the double bottom. Even if they have had a delay with nviso integration or approvals it won't change my sentiment. However it is very clear that if 1.9c breaks 1.6 will be the next support. People with averages in the low 2's are mostly the ones selling for a slim profit- they will be the ones trying to buy back in lower. Remember this is mindless selling.
EPT Price at posting:
2.3¢ Sentiment: None Disclosure: Held
