Well I would of liked a close above 45c but still happy overall with how the day went. I pretty much expected a few sellers to take profits today from buying in the 30s as a lot of traders don't like to hold over the weekend. Next week is a new week and I would be happy with a slow rise to 50c. There is no need for it to spike as it will just come back down. Needs to get support at 45/47c and then we can push to new levels so may take a few days.
Overall a very good week and I think we may get news next week, but I think the gradual rise will happen anyway as there seems some upward trend happening at the moment.
Below is the trade stats for today , as you can see the VWAP was 45c
Volume Traded - 15,289,319
ASX - 9,697,426
CHX - 5,591,893
VWAP - 45.639
Well its the weekend , hope everyone has good and safe weekend and will see you all again on Monday.
Also to get us in the mood for the weekend , I think this song suits out monster deposit over the Hill ;-)
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