Some people are saying "leaky ship" etc..
Even if something big is released tomorrow or next week, I don't think it means there is any leak.. and is it really unexpected?
There are many investors like myself who are well down on Nor, thinking it's undervalued, way oversold, and heavily manipulated down by brokers/bots.
People are trying to pick the bottom and top up - I have topped up at 4.2 and 3.7
Today's move could be as simple as 1 decent buy has people thinking it might have bottomed, and people topping up.
There hasn't been any genuine sell depth for weeks, just bot orders, and they disappear quickly as buys go through. (It's been blatantly obvious to me, a builder - not much of a stock trader, so surely it's obvious to plenty of investors who follow the market/nor).
Nor had to turn, and plenty of people would have been waiting to get on board or top up, and have today.. hopefully more tomorrow, and some good news.
But, there is plenty of news expected, all it takes is a couple of buys today and suddenly buying starts with investors basically punting the awaited news is coming and will be good. We know Paul has been overseas, we know Telco's are interested, we know world wifi/message update is coming, we know Corona update is near..
Why wouldn't people be buying at this bargain price!?!!?!
Is FOMO back again!?
..and the other key factor - The legendary Holla calling 3.7 bottom out, and directing the trucks in!
Keep 'em coming!
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