Thank you dirkdiggler444 your reply is very much appreciated, I...

Thank you dirkdiggler444 your reply is very much appreciated, I managed to get some shares for my Dad at 52c and 54.5c, sadly I couldn't get any for myself as I was waiting for some other stock to sell first.

I don't think id like to chase the stock from here, but that was one mean candle breaking resistance at 56.5c (historic support which failed, broken support becomes resistance) on a ADX reversal from a peak of 65. A 8 day mean price is 55c (i.e Technical Fair value is 55c) A V shaped rally is likely unless funds dump the stock due to the ASX re-balancing) its possible the technicals are being played to help a fund distribute (sell) stock at a higher average price, two possible cases are likely, a V shaped rally until the ADX falls below 40, or very high volatility due to technical and fundamental forces going against each other, in which case wait for the dust to settle before buying. (i.e wait to normal to low volatility , determined by ATR (average true range indicator.)