Problem i think with a 10-35 day SMA in this case is it's very skewed on the short sample. Which i guess can be a good thing or a bad thing...
The RSI shows its current being oversold but i might try and wait for that resistance line to build which looks like it could be close...
My thinking is however, do we invest now at a time that seems to be risky pending the drill results. Or do we say hey lets wait for the results and if they are positive lets go with it.
Obviously you will be buying at a higher price but de-risking a lot. At the end of the day if the news is positive you will surely still be able to get in and make a profit.
I'm sorta in limbo at the moment.
i still have faith, page-149
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| Open | High | Low | Value | Volume |
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| 88E (ASX) Chart |