Today's volume is lower than what I have expected (2.5M as of now), compared to a total volume of 11M yesterday.
Maybe a test of supply at these levels. Unless we see volume near 10M at close (4PM), I think we are still good for today.
I have a short hedge on IG Markets for the size of my total holding (50k shares), so downward movement won't punch me in the face!
The directors sold their options near $3.4, I thought they were fools. Looking at the price now, they are all geniuses. Guess what? They bought a little at 90c level.
If directors are buying again, I am looking to increase holding near 80c. Please go to 79c before you spike, SLR!
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