Has anyone looked at the Woolworths chart yesterday? An example of what can happen after a no demand day (up bar, lightest volume in 3 bars) especially when you have supply (high volume) that hasn't been tested yet close by there from the beginning of the month. You'll find the more liquid the stock, the more evident the manipulation and the easier it is to trade (annoying if you just want to buy a good fundamental company and hold). If you can learn how to spot Smart Money chinanigans then you can trade in harmony with them. If you can't beat them, join them. Anyway, point is its not just PRR - its pretty much the whole market - we don't always like them (smart money) but we need them to accumulate so the SP keeps getting fed upwards. Hopefully they have started.
PRR Price at posting:
14.8¢ Sentiment: None Disclosure: Not Held
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