I think most agree this will make a move in anticipation of next months results..So whether to wait any longer for a price drop (recent 44c placements are in a good profit and may still dump a few)or get on shortly is the question imo.
A buy above a 61 (resistance level)close on increasing volume is pretty safe imo...
Blueballs thought a mid 50's retrace was possible and we reached 56 (with one traders bailout last night)
As you know this has no onscreen depths at this stage, needed to estimate support levels but the recent volumes and momentum has been building.
heres a 10 day chart showing the start of the momentum..
and conversely heres the daily chart showing where I would have been stopped out at 56 by last nights single closing trade....LOL
Holders should probably ignore the technicals ,as being to thin and volatile to be accurate...but they are getting better...cheers
Just having a rave on a quiet day...hmmm 585 buyers !![]()
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I think most agree this will make a move in anticipation of next...
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