G79 0.00% 2.7¢ goldoz limited

Exceptional Stones: Size range, page-60

  1. 1,516 Posts.
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    Ha.It's been played pretty well as you would expect on a down day at the office on my watch-list.
    They play it because they can. The short term graphs show the momentum problem on the last day or two all around. The daily chart is showing signs with the momentum now and then showing that it wants to move up so we will just have to wait remembering that short term charts can move in a second.. Many want in and can't believe their luck hoping that they time it to beat the turnaround – will it happen before the 4pm auction? Maybe..
    When you look at a yearly chart without the noise and you see that the 30 day moving average is still up and the momentum is still up but the price is pushed down. When you look at the daily average on the yearly you see that over a week ago there was a similar abrupt pull-back then also but not very long lasting as in no time at all it reversed quickly because the fundamentals were there. You can't blame short term traders for getting out quickly under the circumstances because they don't have the luxury of low price entry to ride it out. One thing you can be sure of They'll be back.. It's becoming a buy again. DYOR
 
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