General discussion, page-817

  1. 1,124 Posts.
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    Even though there's a bit of buying interest on the short term charts, the 9 period MA looks to want to cross under the 20 period MA on the daily, so it MIGHT signal weakness into the short term.
    Arrows so far pointing too heading towards the 200, but that's a very long bow to draw at this point in time.
    Volumes as well, are shrinking.

    Could possibly be worth keeping your hard earned in the cookie jar for a little bit longer until things look a little more certain, perhaps.

    If you felt you a long term holder, it likely wouldn't worry you as a buyer, however %age wise, each cent in the SP is a reasonable up or down tick in dollar terms, so for those with a small investment nest egg, perhaps let a little more water pass under the bridge and wait for a more 'stable' situation in Europe, or a definite uptick in demand....

    Do realise however, that I am the world's worst chartist, so it could go to $10 by 4 pm this afternoon!

    https://hotcopper.com.au/data/attachments/4622/4622622-c5283b2c85beb030d41f932d20fdfe7e.jpg
 
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