We are now entering the final stages of the set-up...
Most short-term profit taking is drying up at current levels...and if this thing finishes at 3.8c or over today, it will be a very significant event.
If so, tomorrow could very well be an absolute thumper.
Looks very much a possibility at this stage to me, with sellers being tested, yet very few getting low marks.
Most of the bigger buyers seem happy to sit it out for higher prices, with very few apparently after "point trades".
If it hits 3.9 with bids building at 3.8, this will be the trigger.
If I were a betting man, I would guess that we might see an annoucement within the next few days....oh I nearly forgot...I am a betting man!
Cheers!
genuine buy and hold activity...
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