Price close Aug 24 was 5.3 and has been followed by noticeably low volume days in comparison to prior. Close price today (nearly a month later) was 4.7. I would argue we are "drifting" awaiting news.. of course weakness is going to creep in but it's been on jack all volume and hardly soul destroying on 6 pips down in that time period.
Going with my gut here and given Jason's recent twitter post referring to AVZ and 4CE in same post commenting about DD for 4CE shareholders hints to me there being something in the ground.
My gut has been screaming at me for a while now that she's going much higher as time progresses regardless of arguing over patterns or trend direction ST.
We are flapping about in the wind awaiting news.
Hopefully that news is early next week or yes we may see further weakness.. or.. maybe some fomo and a move up.. drifting sideways and a touch down is where we are at IMO based on sweet FA volume over that period.
One day of volume and she's back in beast mode.
4CE Price at posting:
4.7¢ Sentiment: Buy Disclosure: Held
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