hi peter,
Technically it doesn't look good agreed, its seems like its consolidating which will continue for a while. A 5 year chart shows the consolidation well. Dropped below 13 MA on weekly 5 year as well, but that happened 2 years ago as well before its massive run up. The McLay sign works well....he buys during dips ( and pretty big amounts as well) and the last few times he has done it, all have been positive. I see no reason to sell, been with it for last 3 years ; expansion plans, undervalued and director buying. I am planning to add once it comes to my price target.
hi peter, Technically it doesn't look good agreed, its seems...
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